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proxy adviser Glass Lewis recommended BP shareholders vote against its Irish chairman Albert Manifold.
Glass Lewis recommended BP shareholders vote against chairman Albert Manifold over a climate resolution exclusion.
KEY POINTS
- BP excluded a resolution demanding disclosure of long-term strategy under declining oil and gas demand scenarios.
- BP is shifting focus back to oil and gas under new CEO Meg O’Neill, reversing prior renewables efforts.
- Both Glass Lewis and ISS advised shareholders to oppose BP's move to retire two company-specific climate reporting resolutions.
COMPANIES
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