Actually they did it for solely political reasons - virtue signalling and to push up coal price speculation that would benefit shareholders. Nobility is not a Swiss trait. climatehoax
Glencore told investors that it recognised the increasing risks associated with climate change. 'To deliver a strong investment case to our shareholders, we must invest in assets that will be resilient to regulatory, physical and operational risks related to climate change,'
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mining giant Glencore to cap production over climate change concerns | Sky News AustraliaAustralia's largest coal producer Glencore has announced production will be frozen at current levels to help address investors climate change concerns.\n\nThe Swiss-based company says it will be 'resilient' to all risks related to climate change following climate talks with a group of investors which controls around $45 trillion worth of assets worldwide.\n\nGlencore also says it will abandon the pursuit of large coal acquisitions in the future.\n\nImage: News Corp Australia\n\n\n\n mattjcan mattjcan MummiesBoy auspol
Source: SkyNewsAust - 🏆 7. / 78 Read more »