Monday, 10 December 2018

BP faces shareholder challenge over carbon targets

Company is among energy firms being urged to set goals in line with Paris agreement

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.

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from US news | The Guardian https://ift.tt/2C0XXpQ

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