After chairing Qantas during a period when it fell from grace, Richard Goyder is under intense pressure for the second time in less than a year.
Next month, shareholders of our largest oil and gas company, Woodside Energy, will vote on two highly controversial and important items – the company’s climate transition strategy and the future of its chairman, Richard Goyder.
For Goyder, this is arguably the most important shareholder vote in his long career at the helm of numerous listed companies. For the second time in less than a year, he is under intense pressure. If there is a significant vote against the climate plan, it surely does reflect heavily on the directors who have overseen it, and particularly on the chairman who sits at the head of the board table.But not all shareholders who take the view that Woodside has failed to develop a credible climate strategy will hold Goyder sufficiently accountable to warrant toppling him.The election betting says he will suffer a large-ish protest vote but will comfortably make it across the line.
The Australian Centre for Corporate Responsibility accounts for a tiny proportion of the company’s shares, but it remains an influential lobby for action on climate.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Qantas baggage haunts under-pressure Goyder at WoodsideAfter chairing Qantas during a period when it fell from grace, Richard Goyder is under intense pressure for the second time in less than a year.
Read more »
Qantas baggage haunts under-pressure Goyder at WoodsideAfter chairing Qantas during a period when it fell from grace, Richard Goyder is under intense pressure for the second time in less than a year.
Read more »
WDS ASX: HESTA sides with Woodside Energy over chairman Richard Goyder’s future”But the outspoken superannuation fund, which has criticised the company for not doing enough on emissions reduction, will vote against its climate strategy.
Read more »
Influential proxy advisor urges vote against Woodside chairman GoyderCGI Glass Lewis also supported an activist shareholder group push to reject the oil and gas producer’s updated climate strategy at the company’s annual meeting.
Read more »
Push to remove Goyder as Woodside faces investor climate heatAustralia’s largest oil and gas company is at risk of facing an investor backlash over its response to climate change at an upcoming shareholder vote.
Read more »
Push to remove Goyder as Woodside faces investor climate heatAustralia’s largest oil and gas company is at risk of facing an investor backlash over its response to climate change at an upcoming shareholder vote.
Read more »