Tuesday 21 May 2019

BP shareholders vote in favour of greater climate disclosure | Financial Times

BP shareholders vote in favour of greater climate disclosure | Financial Times:

BP shareholders voted overwhelmingly in favour of a proposal asking the oil and gas major to make greater disclosures about how its business aligns with the Paris climate goals.

However, support for a separate shareholder resolution demanding hard targets for emissions, including those of its consumers, was far lower.

The two investor resolutions came at BP’s annual meeting in Aberdeen on Tuesday, as pressure builds on oil companies to show they are taking action on climate change.

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