1. BP's Chairman Says 'the world can't continue along its current path' and That The Energy Giant Will Become More Transparent in Response to Investor Demands

    BP's Chairman Says 'the world can't continue along its current path' and That The Energy Giant Will Become More Transparent in Response to Investor Demands
    • BP chairman Helge Lund promised a long-term transformation to a "low-carbon energy system" in a Financial Times editorial.
    • At its annual general meeting on Tuesday, BP accepted a shareholder resolution to adopt transparency about how its strategy is in accordance with the Paris Agreement on climate change.
    • BP and its competitors are facing significant pressure from investor groups for addressing climate change, including from CA100+, whose members control a total of $33 trillion AUM...
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