BP P.L.C. | Vote on Board Chair - Albert Manifold at BP P.L.C.

Status
Filed
AGM date
Previous AGM date
Proposal number
4
Resolution details
Company ticker
BP
Submitted by
Sierra Club Foundation
Resolution ask
Amend board structure
ESG theme
  • Environment
ESG sub-theme
  • Net Zero / Paris aligned
Type of vote
Director vote
Filer type
Management
Company sector
Energy
Company HQ country
United Kingdom
Supporting materials
Supporting statement
The campaign calls for shareholders to vote against BP’s Board Chair Albert Manifold in response to the Board’s refusal to include a shareholder proposal requesting disclosure on how the company is planning for potential declines in oil and gas demand.
The original proposal—co-filed by 23 institutional investors representing approximately €1.5 trillion in assets—asked BP to publish a report outlining its strategy under International Energy Agency (IEA) scenarios.

How other organisations have declared their voting intentions

Organisation nameDeclared voting intentionsRationale
VidaCaixaFor
Rathbones Group PlcAgainstRathbones intends to vote against the election of the Chair. The Company has failed to ensure appropriate governance. The decision to not allow the legally filed FollowThis resolution at the AGM is an egregious use of discretion and does not follow corporate governance best practice.

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