BP faced a shareholder revolt at its AGM over climate transparency. Investors rejected two key motions after the board blocked a Follow This proposal on oil demand scenarios.
BP turned its AGM into a rancorous meeting after rejecting a Follow This climate resolution, prompting Legal & General and others to protest the chairman's re-election.
Follow This and twelve major investors are urging shareholders to reject BP’s plan to scrap vital climate reporting rules at this year's annual meeting.
BP is facing potential legal action after blocking a shareholder climate resolution, a move Follow This calls "an unprecedented attack on investor rights."
Shareholders are pressuring BP to clarify its strategy and move away from fossil fuels as the company prepares to report weaker annual profits this week.
Exxon sued us in 2024. BP is blocking us now. We're not stopping