Activists to quiz company board at AGM

Written By Unknown on Kamis, 14 November 2013 | 20.48

ENVIRONMENTAL activists will use proxies from shareholders to question the Lend Lease board at the company's AGM about its plans to build a coal port in Queensland.

Scientist Felicity Wishart, the Great Barrier Reef campaign manager for the Australian Maritime Conservation Society, said Lend Lease is considering whether to invest in a coal port at Abbot Point.

Building there would require dredging in the Great Barrier Reef World Heritage Area, she added.

Lend Lease would also construct "supporting rail infrastructure" under their plans.

"We're very concerned about this proposal," she told AAP.

"The reef is already under too much pressure, it's health is already fragile."

Ms Wishart and two activists from the Australian Youth Climate Coalition will attend the company's AGM in Sydney on Friday to ask questions of the board and to inform shareholders of the proposed port.

"Lend Lease has had a pretty good record in terms of commitments to sustainability," she told AAP on Thursday.

"We don't understand why then they would want to be involved in a project which... poses a great threat to the reef and additionally is about promulgating an increase in coal exports."

About 40 other activists will rally outside the AGM to highlight community concerns, Ms Wishart said.

She added that existing ports in the area are only operating at 30 per cent capacity.

"You could end up with these ports being developed, damaging the reef for no actual reason."

"It's a poor investment."


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