https://newsletter.mw.creamermedia.com
Energy|Gas|LNG|PROJECT|Projects|SECURITY
Energy|Gas|LNG|PROJECT|Projects|SECURITY
energy|gas|lng|project|projects|security

Australian climate protesters disrupt Woodside's annual meet

8th May 2025

By: Reuters

  

Font size: - +

SYDNEY - Climate change protesters blew whistles and shouted on Thursday as they disrupted Australian Woodside Energy's annual general meeting, heckling CEO Meg O’Neill and forcing several suspensions.

Investors also figured in the backlash to Woodside's gas projects and sustainability measures, similar to last year, with Australian pension funds HESTA and Aware lodging protest votes against its director charged with climate risk oversight.

"I'd ask you to please be respectful of the other actual shareholders in the room who have a keen interest in understanding what we're doing to generate value for them," O'Neill told protesters who interrupted her opening address.

"You should be ashamed!" some of them had yelled.

The whistling and shouting began 20 minutes into the meeting in the western Australian city of Perth, as O'Neill discussed Woodside’s gas portfolio, its contribution to society and role in meeting energy security and decarbonisation goals.

The behaviour was "unnecessary", chairman Richard Goyder said.

Event organisers suspended proceedings and tried to drown out the noise by playing promotional videos about the company's energy projects and sponsorship of local football club the Fremantle Dockers.

"We have plenty more of these videos we can play," O’Neill added.

Last year's annual meeting drew similar protests and shareholders voted down Woodwide's emissions plan.

Last week, the company greenlit a $17.5-billion liquefied natural gas project at Louisiana in the United States, which would take its total LNG output to 24 million tonnes per annum (Mtpa) in the next decade, or more than 5% of global supply.

Ahead of the meeting, influential proxy adviser Glass Lewis recommended that shareholders block the re-election of independent director Ann Pickard, who chairs the oversight committee on climate risk.

The funds HESTA and Aware, as well as Norway’s Storebrand, said they would oppose Pickard’s re-election, while US pension funds CalPERS and CALSTRS also said they would vote against director Ben Wyatt.

"The steps taken by Woodside so far fall short of what is needed to position it for the global transition to a low-carbon future and the company needs to do more," HESTA said in a statement.

Edited by Reuters

Comments

Showroom

VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 
SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Resources Watch
Resources Watch
8th May 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.099 0.174s - 126pq - 2rq
Subscribe Now