April 17, 2025

BP suffers investor rebellion at first AGM since climate strategy U-turn

The Guardian reports that a quarter of BP shareholders voted against the chair, signaling clear disapproval of the company's weakened climate commitments.

Shareholder rebellion of 24% votes against re-election of BP’s chair signals investors’ dissent over climate, governance, and Elliott’s influence

“This is a very uncertain year given the business, political and legal climate”

Follow This paused climate resolutions due to a pro-fossil political climate, aiming to return when investors can increase pressure on oil majors.

Oil giant BP braces for shareholder showdown over green strategy U-turn

According to CNBC, BP faces shareholder backlash at its AGM, with investors planning to vote against Chair Helge Lund over the firm's climate U-turn.

BP set for shareholder clash over climate goals as AGM season kicks off

The Independent reports BP faces shareholder protest at its AGM over a shift from renewables. Follow This urges voting against the chair to signal discontent.
Exxon sued us in 2024. BP is blocking us now. We're not stopping

Follow us

Stay Informed - sign up

ABOUT

OUR IMPACT

MEMBERS

NEWS

FULL MENU

Instagram Facebook Youtube Linkedin
JOIN NOW
DONATE