Woodside Energy Accuses Glass Lewis of Ignoring Investor Support for Climate Strategy

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Woodside Energy,Glass Lewis,Activist Shareholder Groups

Woodside Energy has accused proxy adviser Glass Lewis of heeding the views of activist shareholder groups and ignoring the dozens of investors who back its climate strategy. The oil and gas producer claims that Glass Lewis has overlooked its engagement with investors on climate change.

Already a subscriber?Woodside Energy has accused proxy adviser Glass Lewis of heeding the views of activist shareholder groups and ignoring the dozens of investors who back its climate strategy.

Longstanding Woodside shareholder Allan Gray said it would disregard Glass Lewis’ advice and support both Mr Goyder and the climate report. In all, Woodside said it has held 245 investor meetings in 2023 and 2024 at which climate matters were discussed with either the chairman, CEO Meg O’Neill, chief financial officer Graham Tiver, senior executives and board members.

 

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