Glencore’s climate report sheds more shareholder support (OTCMKTS:GLCNF)

Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) secured 70% support for its climate progress report at its annual general meeting Friday, less than last year’s 76% backing, and a similar percentage supported a resolution seeking more disclosure on how its thermal coal production aligns with efforts to limit the increase in global temperatures to 1.5 Celsius.

The votes above 20% were sufficient to require the company to engage with investors on both resolutions.