Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  BP plc    BP.   GB0007980591

BP PLC

(BP.)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

BP : Shareholders Vote for Climate Resolution

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/21/2019 | 11:00am EDT

By Maitane Sardon

Shareholders of BP PLC (BP.LN) on Tuesday supported a climate resolution filed by investors that calls for the oil-and-gas company to set a business strategy consistent with the goals of the Paris Climate Agreement.

The binding resolution, co-filed by shareholder group Climate Action 100+, won the support of 99.14% of the votes.

However, a second resolution by activist investor Follow This, which requested that BP set targets for its indirect emissions, only received 8.35% of the votes. BP had previously called its shareholders to reject Follow This's resolution.

"The scale of support for the Climate Action 100+ resolution sends a clear message that investors expect companies to act on climate change," said Stephanie Pfeifer, a member of the Climate Action 100+ global steering committee and CEO of the Institutional Investors Group on Climate Change.

She said investors will pay close attention to BP's next steps and expect to see evidence that BP's future investment is consistent with the goals of the Paris Agreement.

Write to Maitane Sardon at maitane.sardon@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
BP PLC 1.42% 549.3 Delayed Quote.9.20%
WTI 4.60% 57.13 Delayed Quote.19.36%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BP PLC
11:55aBP : 1Q2019 interim dividend allotments for scrip
PU
08:00aAsia's Pavilion gets access to Europe LNG terminals with Iberdrola exit
RE
06/19BP : urges U.S. EPA to work with automakers to improve vehicle fuel efficiency
RE
06/19BP : rig reaches North Sea oilfield after Greenpeace protest delays
RE
06/19FORTE OIL : Otedola offloads shares in Forte Oil for $125m
AQ
06/18Okea sees foreign oil majors leaving Norway's offshore in a decade
RE
06/18BP : The African oil industry denounces BBC Panorama's attack on Senegal as a mu..
AQ
06/17BP : The African oil industry denounces BBC Panorama's attack on Senegal as a mu..
AQ
06/17BP : The African oil industry denounces BBC Panorama's attack on Senegal as a mu..
AQ
06/16BP : Saudi Arabia holds top crude oil exporter title in 2018
AQ
More news
Financials ($)
Sales 2019 286 B
EBIT 2019 21 540 M
Net income 2019 12 278 M
Debt 2019 45 286 M
Yield 2019 5,91%
P/E ratio 2019 12,58
P/E ratio 2020 10,41
EV / Sales 2019 0,64x
EV / Sales 2020 0,62x
Capitalization 138 B
Chart BP PLC
Duration : Period :
BP plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BP PLC
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 8,13 $
Spread / Average Target 19%
EPS Revisions
Managers
NameTitle
Robert W. Dudley Group Chief Executive Officer & Executive Director
Helge Lund Chairman
Andy Hopwood Group COO, Executive VP-Strategy & Regions
Brian Gilvary Group Chief Financial Officer & Executive Director
David Eyton Group Head-Technology
Sector and Competitors
1st jan.Capitalization (M$)
BP PLC9.20%139 831
EXXON MOBIL CORPORATION11.07%304 131
RELIANCE INDUSTRIES13.92%124 602
CHINA PETROLEUM & CHEMICAL CORP4.75%92 184
SUNCOR ENERGY INC.9.34%47 533
PTT PUBLIC COMPANY LIMITED--.--%42 125