BP PLC AGM Clash Deepens as Glass Lewis Urges Vote Against Chair Over Climate Resolution
Glass Lewis urged BP shareholders to vote against Chair Albert Manifold’s re-election after the board blocked a climate resolution from the April 23 AGM. Legal & General Investment Management also plans to oppose Manifold. ISS, another proxy adviser, criticized BP’s move to revoke earlier climate pledges. BP defended its actions, citing investor feedback and a push for standardized disclosures.