Oil giant BP suffers shareholder revolt over climate transparency at tense AGM [CNBC]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: CNBC
BP failed to get majority shareholder approval on two highly anticipated motions, which would have permitted online-only AGMs and retired two company-specific climate disclosure obligations. Each resolution required a 75% vote in favor to pass. A majority of 81.8% voted in favor of electing Albert Manifold as chair, a resolution that has been in sharp focus following the board's move to block a proposal put forward by Dutch activist group Follow This. Board members require 50% of the vote to be elected, and they typically receive close to 100% support. Some activist investors had said even a 5% vote against Manifold, who has only been in post as chair-elect since September, would represent a severe reprimand, particularly after a historic 24% vote against outgoing chair Helge Lund last year. Ahead of the AGM at its Sunbury-on-Thames hub in Surrey, BP's board blocked a motion tabled by Follow This that would have required the company to share plans on creating value for shareh
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BP
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BP
Earnings
- 2/11/26 - Beat
BP
Sec Filings
- 4/23/26 - Form 6-K
- 4/20/26 - Form 6-K
- 4/14/26 - Form 6-K
- BP's page on the SEC website