Abrdn AGM met with climate protest

Climate activists interrupted Abrdn’s AGM, demanding the asset manager end investment in coal, oil, and gas, and oututside the meeting in Edinburgh, protesters staged a dance routine set and unfurled banners reading ‘abrdoomed.’

Meanwhile, when order was restored, some shareholders pressed CEO Stephen Bird to rule out investments in coal, oil and gas.

The asset manager has come under fire from activists for being one of a handful European investors without a coal exclusion policy, despite promising to introduce one. As an example, protestors condemned Abrdn's investments Ithaca Energy, a developer of the controversial Rosebank oilfield, whose Israeli parent company Delek is on a UN blacklist.



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