Dineo Faku dineo.faku@inl.co.za JUST SHARE, the non-profit shareholder activist group, has blamed Sasol, the fossil fuel company, whose operations include Secunda, the world’s biggest single-point source of greenhouse gas (GHG) emissions, for refusing to table the sixth shareholder-proposed resolution filed with the company in five consecutive years.
Robyn Hugo, Just Share’s director for Climate Change Engagement, said yesterday that it was difficult to understand why Sasol continued to resist tabling shareholder-proposed resolutions that would allow shareholders to vote on improved disclosure, particularly when such resolutions were not only non-binding, but made requests for information that Sasol says it was already planning to provide. Hugo said it was clear from this history that Sasol’s refusals were not grounded in a consistent application of the law, nor in sound principles of corporate…
