Canadian energy far from future-proof

Shareholders voted down climate-related targets at Cenovus Energy recently - Laura Gosset at SHARE, who worked to file to the proposal, discusses sector progress and steps to resilience

Ruth Saldanha 27 May, 2019 | 2:00PM

 

 

Ruth Saldanha: Last month, close to 90% of Cenovus Energy shareholders voted against a motion that would have required the oil sands company to set greenhouse gas emission targets in line with the goals of the Paris climate accord. Laura Gosset, Senior Analyst at the Shareholder Association for Research and Education which worked to file the proposal, is here today to talk about the vote and what happens next.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
BP PLC ADR23.79 USD6.44
Cenovus Energy Inc2.40 CAD2.13

About Author

Ruth Saldanha

Ruth Saldanha  Ruth Saldanha is Senior Editor at Morningstar.ca