Advertisement
UK markets close in 5 hours 34 minutes

  • FTSE 100

    8,291.74
    +78.25 (+0.95%)
     

  • FTSE 250

    20,386.96
    +222.42 (+1.10%)
     

  • AIM

    777.42
    +5.89 (+0.76%)
     

  • GBP/EUR

    1.1649
    -0.0011 (-0.09%)
     

  • GBP/USD

    1.2539
    -0.0025 (-0.20%)
     

  • Bitcoin GBP

    51,143.50
    -834.86 (-1.61%)
     

  • CMC Crypto 200

    1,331.80
    -33.33 (-2.44%)
     

  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     

  • DOW

    38,852.27
    +176.59 (+0.46%)
     

  • CRUDE OIL

    78.43
    -0.05 (-0.06%)
     

  • GOLD FUTURES

    2,322.00
    -9.20 (-0.39%)
     

  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     

  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     

  • DAX

    18,294.28
    +119.07 (+0.66%)
     

  • CAC 40

    8,024.69
    +28.05 (+0.35%)
     
Money:

The retirement income gap no-one is talking about

People are living longer than ever before and this can impact how you plan for retirement

BP, activist shareholder to jointly draft climate resolution

Reuters
·1-min read
FILE PHOTO: A BP sign at a petrol station in Kloten, Switzerland

LONDON (Reuters) - An activist group has withdrawn a shareholder resolution urging BP <BP.L> to adhere to the Paris climate agreement after the oil and gas company agreed to work together on a joint resolution.

BP and climate-focused Follow This have agreed to jointly draft a shareholder resolution on BP's climate goals for its 2021 annual general meeting (AGM), they said in a statement on Friday.

Follow This agreed to pull a resolution it filed independently ahead of BP's 2020 AGM, planned for May.

The move comes after BP Chief Executive Officer Bernard Looney outlined shortly after taking office in February plans to reduce greenhouse gas emissions from BP's own oil and gas production to net zero by 2050.

ADVERTISEMENT

Follow This, which owns minor stakes in companies which enables it to file shareholder resolutions, has also filed shareholder resolutions on climate with U.S. giants ExxonMobil <XOM.N>, Chevron <CVX.N> and their European rivals Royal Dutch Shell <RDSa.L> and Equinor <EQNR.OL>.

(Reporting by Ron Bousso; Editing by Mark Potter)