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Proxy advisor Institutional Shareholder Services has recommended shareholders vote against a plan by BP's (BP) board to.
ISS has advised BP shareholders to vote against the board's revised climate disclosure plan.
KEY POINTS
- BP's board proposes dropping two existing climate reporting commitments at the upcoming annual meeting.
- The ISS recommendation was reported ahead of BP's April 23 annual shareholder meeting.
- This move signals significant investor concern over BP's reduced climate transparency.
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