BP said it would work on the shareholder proposal with Follow This, a group of investors in oil-and-gas companies that push major oil companies to fall in line with the Paris Agreement. In response, Follow This said it has withdrawn its climate change resolution that...

BP is teaming up with Dutch activist investor Follow This to draft a climate resolution for its annual general meeting next year, in what will be a test of shareholders’ faith in the oil major’s new green ambitions. The resolution will ask shareholders if they are...