Shareholders of financial services provider FirstRand will, next month, vote on whether the company must report on its assessment of its exposure to climate-related risks, and to adopt and publicly disclose a policy on fossil fuel lending. This will require more than 50% of shareholders to vote in favour of Resolutions 5 and 6 during the company’s annual general meeting (AGM). The resolutions were proposed by the Raith Foundation and nonprofit shareholder activism organisation Just Share.
