German engineering group Siemens said it would fulfil its contractual obligation...
) said it would fulfil its contractual obligations to a controversial coal mining project in Australia’s outback, attracting criticism from environmental groups on Monday.
“There is practically no legally and economically responsible way to unwind the contract without neglecting fiduciary duties,” Siemens Chief Executive Joe Kaeser said in a statement. “We should have been wiser about this project beforehand. Now, we need to be a supplier who sticks to its commitments as long as the customer stays on legal grounds, too. Because being a company which is not a reliable source for its customers is simply not an option.”
“If Siemens’ board thinks this is the end of the conversation, they’re kidding themselves,” said Julien Vincent, executive director of environmental advocacy group Market Forces in Melbourne. A protest group that has disrupted the operations of companies linked to Adani’s mine said they would target Siemens.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Siemens will back controversial Australian coal project: CEOGerman engineering group Siemens said on Sunday it will fulfil its contractual o...
Weiterlesen »
Siemens says it's still committed to Australian coal projectGerman engineering group Siemens said it remains committed to a controversial co...
Weiterlesen »
Greta Thunberg calls on Siemens to review Australia coal projectGreta Thunberg called on Siemens AG to stop, delay or interrupt the building of a coal mine in Australia
Weiterlesen »
Greta Thunberg calls on Siemens to halt planned Australia coal mineClimate activist Greta Thunberg has called on German engineering group Siemens A...
Weiterlesen »
Hong Kong leader says financial hub's strengths intact despite protestsHong Kong Chief Executive Carrie Lam said on Monday the Chinese-ruled city'...
Weiterlesen »
French PM offers concession on pension reformThe French government on Saturday offered the unions a concession on its controversial pension reform amid fresh nationwide demonstrations against the plan
Weiterlesen »