Greenwash clash as funds hit Boral board over lowered carbon targets

Boral has been targeted by a powerful group of investment funds demanding the nation’s largest construction and building materials supplier aggressively cut its carbon footprint, despite concerns such action could see Australia effectively offshoring one of its biggest sources of emissions.

The cement giant faces a barrage of activist complaints after in August cutting its emissions reduction target for 2025 from 18 per cent to 12-14 per cent from 2019 figures, after struggling to meet its original goals.