Discuss climate strategy adopted by woodside


Assignment task: Woodside suffered a 48.97 per cent shareholder vote against its climate report at its annual general meeting of shareholdersin May 2022 just before the completion of the merger.

a) Why do you think so many shareholders are not happy about the climate strategy adopted by Woodside?

b) In your own view, do you think the merger with BHP's petroleum assets will facilitate or hamper Woodside's effort to achieve its emissions targets? [Hint: Refer to Woodside's 2021 Climate Report for details.]

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