1. BP Targeted With First Shareholder Resolution on Climate Goals

    BP Targeted With First Shareholder Resolution on Climate Goals

    LONDON (Reuters) - Pressure on oil companies to tackle climate change is growing after an activist group for the first time filed a shareholder resolution urging BP to set hard targets for reducing overall carbon emissions. Follow This, a Dutch organisation that spearheaded a number of climate shareholder resolutions at Royal Dutch Shell AGMs over the past three years said it also filed one with the Anglo-Dutch company for 2019...

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    1. Targets should be on the agenda of every oil company, given that the oil industry can make or break the Paris Climate Agreement.
    2. We are planning short-term targets for the net carbon footprint of our energy products. This will allow us to demonstrate clear progress towards our long-term ambition in this area.
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