(Bloomberg) — Siemens AG said it intends to honor a controversial contract to supply signaling systems to an Australian coal mine, defying the demands of activists that protested at locations in Germany on Friday.The company will establish a sustainability committee that will have the power to stop or escalate projects, but the company will ultimately continue with the Adani contract, Chief Executive Officer Joe Kaeser said in a statement on Sunday.“I do realize, most of you would have hoped for more,” Kaeser said in the statement. “While I do have a lot of empathy for environmental matters, I do need …read more
Source:: Yahoo Finance
