Top UK fund turns up heat on Goyder as Woodside faces climate revolt

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Britain’s biggest asset manager will vote to remove Richard Goyder as chair of Australian energy giant Woodside amid a backlash over the board’s climate stance.

Britain’s biggest asset manager says it will vote to remove Richard Goyder as chairman of Australian oil and gas giant Woodside asbuilding against the board for refusing to do more to tackle global warming.

The last time Woodside put its climate report to vote in 2022, it suffered an extraordinary rebuke asLoading As the April 24 ballot looms, three of the four biggest proxy advisers that guide investors on how to vote – CGI Glass Lewis, Institutional Shareholder Service and the Australian Council of Superannuation Investors – also say they do not believe Woodside’s climate plan has been improved enough, and are recommending rejecting it once again.

 

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