BP shareholders reject climate activist resolution but support …

Apr 27, 2023  · An activist resolution urging BP to set tougher climate targets was rejected by …


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BP Shareholders Reject Proposals To Reduce Climate Emissions

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May 13, 2021  · BP shareholders reject proposals to reduce climate emissions Just 21% in …

independent.co.uk

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BP Shareholders Easily Defeat Climate Activist Resolution At AGM

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Apr 27, 2023  · BP (BP) shareholders easily re-elected Chair Helge Lund with more than 90% …

seekingalpha.com

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BP Investors Reject Activist Group's Climate Resolution But Margin ...

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May 12, 2021  · Follow This received 8.4% support for its climate resolution in 2019, and …

seekingalpha.com

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BP Recommends Vote Against Climate Activist Resolution At April 27 …

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Mar 13, 2023  · Last year, shareholder support for Follow This’ resolution fell to around 15% of …

financialpost.com

FAQs about BP shareholders reject climate activist resolution but support … Coupon?

Should BP shareholders oppose a climate resolution?

REUTERS/Andrew Kelly/File Photo Purchase Licensing Rights LONDON, April 14 (Reuters) - Investor advisers ISS and Glass Lewis have recommended BP (BP.L) shareholders oppose a climate resolution filed by activist group Follow This at the oil company's annual general meeting later this month. ...

Will BP set tougher climate targets?

An activist resolution urging BP to set tougher climate targets was rejected by shareholders on Thursday, although it enjoyed more support than last year after the energy company rowed back on plans to cut oil and gas output. ...

Why have BP shareholders voted down emissions targets?

Read our BP shareholders have voted down proposals for tougher emissions targets, which aimsto limit global warming to well below 2C compared to pre-industrial levels. Eighty per cent voted against the measure, which wanted the oil giant to set short-and long-term targets on emissions and its use of energy products. ...

When will shareholders vote on BP's 'follow this' resolution?

Shareholders will vote on the resolution at the AGM on May 12, which will be held remotely. At the 2019 AGM in Aberdeen, Follow This’s resolution asking BP to start setting targets for scope three emissions was not supported by the company’s board, and was backed by just 8.35% of shareholders. ...

How many BP shareholders support 'follow this' resolution?

Last year, shareholder support for Follow This' resolution fell to around 15% of BP shareholders from around 21% the previous year. Two of the UK's largest pension schemes will vote against the renewal of top directors at BP and Shell (SHEL.L) unless both companies strengthen commitments to tackling carbon emissions, the Financial Times reported. ...

Does BP have a climate strategy?

"We believe that the Company should be shown some degree of latitude with respect to refining and specifying its targets," it said. In February BP rowed back on plans to slash oil and gas output and emissions. It will not offer shareholders a vote on its climate strategy as it did last year when they backed it. ...

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