Category: AGM 2024

Unable to identify even gross human rights violations: Our countermotions

Re agenda item 2: Appropriation of profit

The Association of Ethical Shareholders Germany proposes that the appropriation of profit proposed by the Board of Executive Directors and the Supervisory Board be rejected.

Rationale:

Once again, the proposed dividend, which is unchanged from the previous year, is too high. Instead of cutting jobs and investments in the urgently needed socio-ecological transformation of all BASF divisions, the dividend should be reduced. The current dividend policy is not sustainable, it is in fact a waste of resources: the proposed dividend amount of over EUR 3 billion can already no longer be paid from the free cash flow of EUR 2.7 billion in 2023. Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/basf-se/unable-to-identify-even-gross-human-rights-violations-our-countermotions/

“I urge you to immediately stop the dealings with Rosatom”: Speech by Vladimir Slivyak, Ecodefense

Dear Mr Kaeser, dear Mr Bruch, dear members of the Managing Board and Supervisory Board, dear shareholders,

My name is Vladimir Slivyak, I work for the Russian non-governmental organization Ecodefense, which has been campaigning for safe energy and climate protection for over 30 years. Because of this work, Ecodefense was falsely accused and persecuted by the Russian Government. In 2022, the European Court on Human Rights ruled that the Russian Government violated our rights (see “Ecodefense and others v Russia” 9988/13). Nevertheless, I had to leave Russia along with my colleagues because it became impossible for us to continue environmental and climate defending work. Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/siemens-energy-2/i-urge-you-to-immediately-stop-the-dealings-with-rosatom-speech-by-vladimir-slivyak-ecodefense/

Siemens Energy is making the energy transition unnecessarily difficult: Our countermotions

Regarding Agenda Item 3: To ratify the acts of the members of the Executive Board

The Association of Ethical Shareholders Germany requests that the acts of the members of the Executive Board not be ratified.

Rationale:

The Executive Board impedes the energy transition unnecessarily and is not fulfilling its human rights due diligence obligation.

Siemens Gamesa: Problems jeopardize path toward a climate-neutral power supply

For years, the Executive Board has been unable to get to grips with the problems at the wind power unit Siemens Gamesa, in particular massive quality and productivity problems with some turbines. The resultant losses have even necessitated government aid in the form of guarantees running into the billions to ensure that the order backlog can be handled at all. Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/siemens-energy-2/siemens-energy-is-making-the-energy-transition-unnecessarily-difficult-our-countermotions/