Bhp Group Ltd · ASX:BHP
Bhp — Shareholder Meeting (October 2022)
9 slides from Bhp's shareholder meeting presentation, Oct 20, 2022
Slide 1: Climate change and Shareholder resolutions
Climate change and Shareholder resolutions 20 October 2022 Shareholder Event Bronwyn Wilkinson Head of ESG EMEA Geof Stapledon Group ESG Officer Fiona Wild Group Climate & Sustainability Officer Stefanie Wilkinson Group Company Secretary Steve Barley Manager Global Accounting Policy
Slide 2: Disclaimer
Disclaimer Forward-looking statements This presentation contains forward-looking statements, which may include statements regarding: our strategy, our values and how we define success; our expectations of a competitive advantage for our business or certain products; our commitment to generating soci
Slide 3: Agenda
Agenda 1. Introduction Bronwyn Wilkinson 2. BHP’s Climate Transition Action Plan Fiona Wild Summary of progress following 2021 ‘Say on Climate’ vote 3. 2022 shareholder resolutions 3.1 Background to the filing & technical matters Stefanie Wilkinson re changing the company’s Constitution 3.2 Climate
Slide 4: We have progressed our Climate Transition Action Plan (CTAP) targets, goals and commitments
We have progressed our Climate Transition Action Plan (CTAP) targets, goals and commitments Operational greenhouse gas (GHG) emissions targets and goals for the short-, medium- and long-term Value chain GHG emissions targets and goals for the medium- and long-term Assessing capital alignment with a
Slide 5: Shareholder resolutions: Background / technical aspects
Shareholder resolutions: Background / technical aspects • This year, BHP has received three requisitioned resolutions organised by the Australasian Centre for Corporate Responsibility, or ACCR. • They are supported by 176 shareholders representing around 0.008% of our issued share capital. • The fir
Slide 6: Shareholder resolution: Climate policy advocacy
Shareholder resolution: Climate policy advocacy 1. We believe AGM Item 14 is unnecessary • BHP publicly supports the Paris Agreement. • BHP already advocates in a manner that is supportive of the objectives of the Paris Agreement. 2. It is logical for us to advocate in support of the aims of the Par
Slide 7: Shareholder resolution: Climate accounting & audit
Shareholder resolution: Climate accounting & audit • BHP appreciates the strong investor interest in the financial impacts of a 1.5°C scenario on our portfolio. – IIGCC’s “Paris-aligned accounts” initiative3 received in-depth consideration in the preparation of our accounts, including at BHP’s Risk
Slide 8: Endnotes
Endnotes 1. Slide 5: The filing threshold for shareholder resolutions looks similar on paper in Australia and the UK, but in practice can be significantly easier to satisfy in Australia. While both the UK Companies Act 2006 (section 338(3)) and the Australian Corporations Act (section 249N(1)(a)) gi
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