LONDON (Reuters) – BP shareholders on Thursday backed the company’s climate strategy, while fewer investors than last year supported a second resolution filed by an activist group urging faster action to battle climate change. BP plans to slash its oil and gas output by 40% and boost its renewable power business by 20-fold by 2030. The resolution won the backing of 88.5% of shareholders at an annual shareholder meeting in London, according to a provisional tally.
(Reporting by Shadia Nasralla and Ron Bousso; editing by David Evans)
