Thungela Resources Ltd | Disclose lobbying and policy engagement activities

Status
Omitted
AGM date
Resolution details
Lead filer
Just Share
Co-filers
Aeon Investment Management (Pty) Ltd, Fossil Free SA
Resolution ask
Report on or disclose
ESG theme
  • Governance
ESG sub-theme
  • Lobbying / political engagement
Type of vote
Shareholder proposal
Filer type
Shareholder
Company HQ country
South Africa
Resolved clause
Shareholders of the Company request that, in accordance with the Global Standard on Responsible Climate Lobbying, the Board annually conduct an evaluation of and report to shareholders on the Company’s lobbying and policy engagement activities including:
• if, and how, its lobbying and policy engagement activities (both direct and indirect through industry associations, coalitions, alliances, and other organisations) align with the goals of the Paris Agreement to limit the rise of global temperatures to 1.5°C above pre‑industrial levels;
• its framework for identifying and mitigating the risks presented by any misalignment; and
• the circumstances under which escalation strategies have been and will be used, including, but not limited to, making public statements challenging industry associations and other alliances, withdrawing funding, and suspending or ending membership of the industry association or alliance.
In evaluating the degree of alignment, the Company should consider not only its policy positions and those of organisations of which it is a member, but also the lobbying and engagement activities aimed at influencing policy for the year in review.

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