Glencore to update climate plan in 2024 after investor pressure
Mining News Pro - Glencore will publish an updated climate action transition plan in March 2024, it said on Wednesday, after some investors rejected its climate progress report and it agreed to buy Canadian miner Teck Resources’ steelmaking coal business.
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BHP gets Australian shareholder support for climate plan
Mining News Pro - BHP Group said it had won approval for its climate roadmap on Thursday, overcoming a protest vote on concerns that some of the long-term plans lacked detail, with Australia-based shareholder proxies voting 86% in favour.
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Big coal escapes BlackRock’s new climate plan
Mining News Pro - BlackRock Inc. will cut exposure to thermal coal as the world’s largest asset manager moves to address climate change, but that doesn’t mean it’s selling out of the biggest producers — including top shipper Glencore Plc.
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Canada will consider climate plan in Teck oil project decision
Mining News Pro - The government will take into account its plan to make Canada carbon neutral by 2050 when it considers whether to approve Teck Resources Ltd’s plan for a giant oil sands mine, the new environment minister said on Thursday.
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