Tracey Davies takes us into Sasol's feisty AGM where activists roared

Loading player...
Environmental activist investor Tracey Davies of JustShare helped turn Sasol's AGM last week into a feisty affair. In the latest episode of Rational Radio, she reports back on the meeting, and explains her beef with SA's second largest polluter. The day after the Sasol slugfest, Davies went along to a far more relaxed FirstRand AGM where she got half what she wanted after the board endorsed a resolution relating to more reporting on climate change exposure. But the JustShare director and fellow activists face a tough task in their demand that the bank discloses information on the carbon footprint of those to whom they have lent. From a practical perspective, getting clients to agree to provide the information looks to be an insurmountable challenge. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
4 Dec 2019 12PM English South Africa Investing · Business News

Other recent episodes

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

African Bank swung to a loss of nearly a billion rand after a four-year spree of buying and bolting together three banks to build a full-service lender, and the bad debt charge is still climbing. The contrast is brutal: a focused platinum-and-chrome miner, Tharisa, is printing cash with profit up…
25 Jun 7AM 9 min