BHP Group Ltd is a diversified natural resources company.
BHP Group Ltd (formerly BHP Billiton Limited) sits among the world’s top producers of major commodities, including iron ore, metallurgical coal, thermal coal and copper. BHP is headquartered in Melbourne, Australia and is one of the largest listed companies on the ASX.
BHP has made considerable contributions to the accumulation of greenhouse gases in the atmosphere over the last century. In 2020, the Climate Accountability Institute found that between 1965 and 2018, BHP was the 19th largest carbon emitter in the world.
ACCR has engaged regularly with BHP Group on its decarbonisation commitments and lobbying related to climate and energy policy for more than four years. Despite cosmetic improvements to policies, there is little evidence of BHP’s industry associations advocating for ambitious and effective climate and energy policy.
“The measures the First Nations Alliance have secured with BHP could not have happened without the interest of the investment sector and the communication of their expectations about companies’ cultural heritage management.”
Read the background and reasoning behind upcoming shareholder resolutions to BHP Group on cultural heritage protection and on lobbying relating to COVID-19 Recovery, and ACCR's recommendation that shareholders vote against the re-election of BHP board member Malcolm Broomhead.
“The Federal government may have finally given up on thermal coal but the carbon lobby won’t be deterred, by pushing gas, another dirty fossil fuel - which is proven to have the same, if not worse emissions than coal once fugitive methane emissions are factored in.”
ACCR has filed Shareholder Resolutions to BHP Group Ltd (ASX:BHP) requesting the a moratorium on the damage, removal or destruction of cultural heritage sites until laws are strengthened, remove gag orders on traditional owners and cease lobbying efforts on COVID-19 recovery which are inconsistent with Paris targets.