Woodside Energy’s climate plan rejected by shareholders in ‘globally unprecedented’ rebuke

The Woodside Energy chair, Richard Goyder, speaks at the company’s 2024 AGM. Shareholders overwhelmingly rejected Woodside’s climate plan on Wednesday.The Woodside Energy chair, Richard Goyder, speaks at the company’s 2024 AGM. Shareholders overwhelmingly rejected Woodside’s climate plan on Wednesday.Woodside Energy has suffered an embarrassing rebuke of its climate credentials after its emissions plan was overwhelmingly rejected by shareholders at its annual general meeting on Wednesday.

The well-known businessman, who also chairs Qantas and the AFL, was defiant, telling investors that Woodside’s operations were part of the solution to climate change. The Woodside chief executive, Meg O’Neill, said the company was proud of the role gas was playing to support decarbonisation. She said some rivals had retreated on their climate goals after being unrealistic.

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