Woodside Energy has shrugged off another round of investor backlash after big superannuation funds and influential proxy groups lodged a protest vote over the oil and gas giant’s perceived lack of action on climate change.
Almost one-fifth of shares were cast against the re-election of Woodside’s sustainability committee chairwoman Ann Pickard, while 15 per cent of shares were voted against the energy group’s remuneration report. A 25 per cent negative vote on remuneration would have resulted in a first strike.