Shareholders in BHP have tried to persuade the company to quit industry associations including the Minerals Council, which is linked to a group which is spending millions on pro-coal advertising. The Australian Chamber of Commerce and Industry has also been vocal about its opposition to climate change policies that it says are hurting business. The Australasian Centre for Corporate Responsibility said the vote showed a transformation was happening. While the resolution failed, campaigners are seeing the strength of the vote as a sign pressure is building on both BHP and the Minerals Council of Australia to bring their advocacy in line with the Paris goal of keeping global heating “well below 2C”. BHP CEO Andrew Mackenzie, however, said a move towards renewables made an increase in metals production necessary. BHP left the World Coal Association in 2017.
Shareholders in BHP have tried to persuade the company to quit industry associations including the Minerals Council, which is linked to a group which is spending millions on pro-coal advertising. The Australian Chamber of Commerce and Industry has also been vocal about its opposition to climate change policies that it says are hurting business. The Australasian Centre for Corporate Responsibility said the vote showed a transformation was happening. BHP CEO Andrew Mackenzie, however, said a move towards renewables made an increase in metals production necessary. BHP left the World Coal Association in 2017.