BP faces rebel shareholders over new climate goals

by | Apr 27, 2023 | Climate Change

The five pension funds told the BBC that their vote against the company’s chairman, Helge Lund, was a protest against the company’s actions. The pension funds have £440m invested in BP, which represents less than 1% of the company’s total shares. But they manage the pensions of more than a third of the UK’s workers so are an influential voice.

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