Rio Tinto faces up to Church of England shareholders’ resolution on coal lobby

Posted May 3, 2018

[Anglican Communion News Service] A resolution co-filed by the Church of England Pensions Board challenging Rio Tinto’s continuing support for pro-coal lobby groups has failed at the company’s annual general meeting. But the resolution attracted the support of 18.3 percent of Rio Tinto’s shareholders, including Aegon and Legal & General, in what the Church of England described as “the largest vote for a shareholder resolution related to climate change, without board support, in Australian corporate history.” In addition to the board, the resolution was co-filed by the Australasian Centre for Corporate Responsibility, the Australian pension fund Local Government Super and The Seventh Swedish National Pension Fund.

Read the entire article here.


Tags


Full names required. Comments limited to 2000 characters. Read our Comment Policy. Reports of commenting misconduct can be e-mailed to news@episcopalchurch.org.

You have reached our comment limit of 5. You may resume commenting in 24 hours.