Monday, June 1, 2020

BP Shareholders Adopt Climate Resolution

May 22, 2019

(Photo: BP)

BP shareholders overwhelmingly approved a climate resolution on Tuesday backed by investors and the oil and gas company which calls for it to meet the 2015 Paris climate agreement.

The resolution, co-filed by shareholder group Climate Action 100+, won the support of 99.14% of the votes.

A second resolution, filed by activist group Follow This which BP's board urged shareholders to vote against, received 8.35% of the votes.

(Reporting by Ron Bousso, editing by Louise Heavens)

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