c/climate · by silence7@slrpnk.net · 112d

BP board suffers triple climate rebellion from shareholders | More than 50% of voters at first AGM under new leadership oppose plans to scrap climate reporting

https://www.theguardian.com/uk-news/2026/apr/23/bp-board-suffers-triple-climate-rebellion-from-shareholders

111 points · 5 comments · view on lemmy.world

5 Comments

supersquirrel@sopuli.xyz · 6 pts · 112d (5 replies)

Capitalism is a religion composed of beliefs not a rational system of selfish tendencies.

How else does this make sense?

silence7@slrpnk.net · 16 pts · 112d (3 replies)

Shareholders own other things to, and care about stuff like a planet for their grandkids to live on, not just the next quarterly profit.

supersquirrel@sopuli.xyz · 9 pts · 112d

How selfish of them to put their own interests above the interests of profit for the entire corporation!

iThinkDifferentThanU@lemmy.world · 3 pts · 112d (1 reply)

[ removed ]

silence7@slrpnk.net · 4 pts · 112d

The management doesn't care. But people do, when you take away the indirection of control through mutual funds and such.

ExFed@programming.dev · 1 pts · 111d

It's right there in the article.

The resolution called on BP to explain how its pursuit of rising oil and gas production aligned with a world shifting away from fossil fuels.

“The question is simple: how does BP plan to create value for shareholders as oil and gas demand declines?” said Mark van Baal, the founder of Follow This. “BP would rather antagonise its shareholders than answer it.”

That seems perfectly rational to me.