Proxy group at odds with itself over Woodside’s Richard Goyder
Investors focused on sustainability should vote against the re-election of Woodside Energy chairman Richard Goyder because the oil and gas producer’s emissions reduction commitments are not in line with shareholder expectations, Institutional Shareholder Services’s ESG advisory division has told its clients.
That puts it at odds with the influential proxy advisory’s main analyst, who has recommended shareholders back Mr Goyder’s re-election at Woodside’s annual meeting later this month. Both recommend a vote against the company’s climate plan.
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