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BP's Chairman Says 'the world can't continue along its current path' and That The Energy Giant Will Become More Transparent in Response to Investor Demands

Business Insider
  • BP chairman Helge Lund promised a long-term transformation to a "low-carbon energy system" in a Financial Times editorial.
  • At its annual general meeting on Tuesday, BP accepted a shareholder resolution to adopt transparency about how its strategy is in accordance with the Paris Agreement on climate change.
  • BP and its competitors are facing significant pressure from investor groups for addressing climate change, including from CA100+, whose members control a total of $33 trillion AUM...
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