BP shareholders have approved a climate change resolution from the Climate Action 100+ group of shareholders calling for the expansion of corporate reporting of the company's efforts to meet the goals of the Paris Agreement. Shareholders, however, rejected a resolution from the Follow This group seeking for the introduction of stringent climate change targets on emissions. BP plans to introduce the changes to reporting from three to five years and will review the resolution every this year.
BP shareholders have approved a climate change resolution from the Climate Action 100+ group of shareholders calling for the expansion of corporate reporting of the company's efforts to meet the goals of the Paris Agreement. Shareholders, however, rejected a resolution from the Follow This group seeking for the introduction of stringent climate change targets on emissions. BP plans to introduce the changes to reporting from this year and will review the resolution every three to five years.