BP shareholders back company’s climate strategy -Breaking
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© Reuters. This illustration photo, August 11, 20,21 shows a 3D printed windmill as well an oil pump jack in front of the displayed BP (British Petroleum). REUTERS/Dado Ruvic/IllustrationLONDON (Reuters), BP (NYSE 🙂 shareholders backed Thursday’s company climate strategy. However, fewer investors supported a second resolution by activist group urging quicker action against climate change. BP will reduce its oil-and gas output by 40 percent and expand its renewable power operations by 200% by 2030. A provisional count shows that 88.5% of the shareholders supported this resolution during a London shareholder meeting.
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