News: WDS UPDATE 1-Woodside investors vote down climate plan, rebuking Australia's top gas producer, page-23

let's be honest - WDS is an O&G company but it's market value is based on the FV of it's current projects and future untapped assets.

to ask a company not to exhaust those assets is ridiculous and would severely devalue the book value of those assets and therefore the company.

i get that environmental concerns exists and at various levels of intensity in society and holding companies, but this seems tantamount to investors asking a dairy company to go vegan.

I also find it hilarious that a Norwegian pension fund would be hassling for change given that the bulk of the wealth that exists in Norway is due to oil.

Simple fact is WDS is a business that must maximise the value of it's assets. If you want to support renewables then you need to be investing in, and protecting Australian renewables projects like GNX that is currently looking to be taken over by a Japanese conglomerate......