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Update: Standard Bank rejects climate proposal

Standard Bank has issued a formal response to shareholders declining to table a resolution on climate change ahead of the bank’s annual general meeting on 27 May. 

The back and forth between the nonprofit shareholder activism organisation, Just Share, and Standard Bank began last year when the organisation asked the bank to recuse directors with direct and indirect links to the fossil fuel industry after the first climate resolution was turned down.

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Tunicia Phillips
Tunicia Phillips is an investigative, award-winning journalist who has worked in broadcast for 10 years. Her beats span across crime, court politics, mining energy and social justice. She has recently returned to print at the M&G working under the Amadela Trust to specialise in climate change and environmental reporting.

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