BP HAS agreed to a resolution from investors to disclose how its greenhouse gas reduction and future investments plans are in line with the Paris Agreement.
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BP will report more about its company strategy to align with the Paris Agreement that calls for steep reductions in greenhouse gas emissions to fight climate change.
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Less than two months after Royal Dutch Shell bowed to shareholder pressure from institutional investors, European rival BP has followed suit, agreeing to support a shareholder resolution that calls for it to report and provide evidence that its longterm strategy is consistent with the goals of the Paris Agreement.
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Oil major BP PLC’s board said Friday it will back a shareholder resolution at its annual meeting this year that would force the company to align its business strategy with the goals of the Paris Agreement on climate change.
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