Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Coles shareholders approved its Tasmanian salmon sourcing despite environmental concerns, as the company reported strong profits and sales growth.
At Coles’ 2025 annual general meeting, shareholders backed the company’s salmon sourcing in Tasmania’s Macquarie Harbour despite environmental concerns over the endangered Maugean skate.
A 14-year-old activist questioned executives on their commitment to future generations, while Coles chairman Peter Allen cited ongoing collaboration with scientists and regulators since 2019.
Though some studies link salmon farming to declining water quality, University of Tasmania researchers reported recent population gains in the skate.
A resolution for global best-practice seafood sourcing received only 12.5% support and was not formally voted on due to procedural rules.
Coles’ board opposed it, arguing it would duplicate efforts and add costs without clear benefits.
The company reported a $1.1 billion profit and outpaced Woolworths in sales growth during early 2025/26, with shares rising to $22.30.
Woolworths also rejected a similar resolution, though with 34% support.
Los accionistas de Coles aprobaron su suministro de salmón de Tasmania a pesar de las preocupaciones ambientales, ya que la compañía reportó fuertes ganancias y crecimiento de ventas.