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BP urges shareholders to oppose ‘Follow This’ climate resolution at AGM

FILE PHOTO: The BP logo is seen at a BP gas station in Manhattan, New York City
FILE PHOTO: The BP logo is seen at a BP gas station in Manhattan, New York City, the United States, on November 24, 2021. REUTERS/Andrew Kelly

March 18, 2022

LONDON (Reuters) – BP’s board on Friday recommended investors vote against a shareholder resolution tabled by Dutch activist group Follow This, urging the British energy company to accelerate its energy transition strategy.

In a report ahead of its annual general meeting on May 12, BP said the resolution was “unclear, general, disruptive and would create confusion as to the responsibilities of the board and shareholders”.

(Reporting by Ron Bousso; Editing by Jason Neely)

https://www.oann.com/bp-urges-shareholders-to-oppose-follow-this-climate-resolution-at-agm/?utm_source=rss&utm_medium=rss&utm_campaign=bp-urges-shareholders-to-oppose-follow-this-climate-resolution-at-agm BP urges shareholders to oppose ‘Follow This’ climate resolution at AGM

DUSTIN JONES

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