BP facing green rebellion at annual shareholder meeting

1 year ago 61

Some of UK’s biggest pension funds preparing to demand tougher plans to reduce emissions by 2030

BP faces a green rebellion at its annual shareholder meeting on Thursday as some of Britain’s biggest pension funds prepare to demand the company toughens its plans to reduce its emissions by 2030.

The National Employment Savings Trust (Nest), which represents about 11m individual workplace pensions, plans to back a resolution put forward by climate campaigners at Follow This, which calls for BP to align its emissions reduction plans with the Paris agreement.

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