Old Mutual Investment Managers said it plans to vote against a number of resolutions at the Nov. 17 annual general meeting of petrochemicals and fuel company, Sasol , because of its poor performance on climate targets. The unit of 178-year-old Old Mutual, which has about $18-billion under management according to an industry survey, urged fellow investors to do the same, saying that Sasol’s “commitment to achieving stated targets with respect to climate is regressing.”
