BP to support investor group’s call for greater reporting around Paris goals

BP has said that it will support a call from a group of institutional investors for the company to broaden its corporate reporting to describe how its strategy is consistent with the goals of the Paris Agreement. Investor participants of the Climate Action 100+ initiative have proposed a resolution to be put to shareholders at the company’s annual general meeting in May 2019. Following constructive engagement between BP and the investors, the BP Board has decided to support the proposed resolution. BP has supported the aim of the Paris Agreement,…

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Nearly 400 investors with $32 trillion in assets step up action on climate change

The Investor Agenda launched today in San Francisco will support investors in accelerating and scaling-up the actions that are critical to tackling climate change and achieving the goals of the Paris Agreement. Its launch also demonstrates the significant momentum already evident, with 392 investors with US $32 trillion in assets collectively under management, using The Investor Agenda to highlight climate action they are already taking and making new commitments1. Announced as part of PRI in Person and the Global Climate Action Summit, The Investor Agenda provides a way for investors to…

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