BP faces shareholder challenge over carbon targets

BP faces shareholder challenge over carbon targets
 

BP, Chevron and ExxonMobil face a shareholder challenge to set carbon targets in line with the Paris climate agreement, as a green group seeks to repeat its success in pressuring Shell to set environmental benchmarks.
When Shell’s chief executive, Ben van Beurden, laid out an ambitious long-term carbon target last year, he acknowledged the role played by a resolution on carbon targets submitted by Dutch activist shareholders Follow This.
Follow This is hoping to use investor power to push other major oil and gas firms into setting similar goals. The organisation has bought shares in several... read more

 
10 December 2018 in Business, Views: 73
Source: Guardian
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