Asset managers with interests in Standard Bank and shareholder activist group, Just Share, have taken the financial institution to task over its climate change commitments ahead of its Annual General Meeting on 27 May.
Aeon Investment Management, Abax Investments, Visio Fund Management and Just Share have filed a non-binding advisory shareholder resolution to the bank requesting that it provides a report detailing its climate change strategy to shareholders for the year ending 31 December 2021.