BHP on brink of lobbying own goal in front of shareholders
(The Guardian Business News)

It is not too late for board to rethink mining firm´s membership of controversial fossil fuel bodiesWhat´s the definition of victory at a shareholder meeting? The strict answer, when a simple majority is required, is one vote more than 50%. On that score, BHP looks safe. Early estimates suggest a resolution calling on the world´s biggest miner company to end its links to controversial lobbyists for the fossil fuel industry will attract support of only 20% or so.Yet such a victory for BHP´s board would be hollow. This is an Anglo-Australian FTSE 100 company whose chief executive, Andrew Mackenzie, was widely praised for a speech in July in which he said global warming was `indisputable`. Continue reading...