BHP backs green ethic
Ian Dunlop, now an environmental campaigner, is standing for election to the company's board, claiming BHP does not understand the threat posed by climate change.
"Climate change is relevant to us all," Mr Mackenzie said on Thursday at the company's annual meeting in London.
"As a significant user of energy, we are working to drive down our greenhouse gas intensity and we are seeing results."
Mr Mackenzie, addressing his first annual meeting as chief executive after replacing Marius Kloppers earlier this year, insisted "we are environmentally responsible".
The Australian AGM will be held in November in Perth. The company is urging shareholders to vote against Mr Dunlop's bid.
BHP's net profit fell by 30 per cent in the 2012-13 financial year to $US10.9 billion ($12.03 billion). Weaker commodity prices were the main cause and the company is slashing costs and capital expenditure in response.
Frequently Asked Questions about this Article…
BHP's chief, Andrew Mackenzie, has emphasized the company's commitment to being environmentally responsible. He highlighted efforts to reduce greenhouse gas intensity as part of their environmental strategy.
BHP is actively working to lower its greenhouse gas intensity, acknowledging the relevance of climate change to everyone. This is part of their broader commitment to environmental responsibility.
Ian Dunlop, a former chairman of the Australian Coal Association and now an environmental campaigner, believes BHP does not fully understand the threat posed by climate change, which is why he is standing for election to the company's board.
BHP experienced a 30% drop in net profit during the 2012-13 financial year, primarily due to weaker commodity prices. In response, the company is reducing costs and capital expenditure.
To address the decline in net profit, BHP is focusing on slashing costs and reducing capital expenditure, aiming to improve its financial performance amid challenging market conditions.
BHP's Australian Annual General Meeting (AGM) is scheduled to be held in November in Perth.
BHP is urging its shareholders to vote against Ian Dunlop's bid for election to the company's board.
Andrew Mackenzie is the chief executive of BHP, having taken over from Marius Kloppers earlier in the year. He is leading the company's efforts in environmental responsibility and financial management.
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