Story perspectives

BP Chair Rebuked as Shareholders Re-elect Amid Climate Vote

4/24/2026

Summary

Story summary

BP’s attempt to block a climate-risk disclosure request drew a rare rebuke of chair Albert Manifold.
At the 2026 annual meeting shareholders rejected Manifold’s proposals but re-elected him despite 18% opposition.
The board declared the Follow This proposal invalid after legal review and refused to agenda it.
Legal & General Investment Management voted against the chair because only 47% of shareholders supported dropping BP-specific climate reporting, under the 75% threshold.

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Story summary

BP’s attempt to block a climate-risk disclosure request drew a rare rebuke of chair Albert Manifold.
At the 2026 annual meeting shareholders rejected Manifold’s proposals but re-elected him despite 18% opposition.
The board declared the Follow This proposal invalid after legal review and refused to agenda it.
Legal & General Investment Management voted against the chair because only 47% of shareholders supported dropping BP-specific climate reporting, under the 75% threshold.