A group of hedge funds submits
a shareholder proposal demanding sweeping structural changes.
Not exact matches
Prior
shareholder letters insisted the
proposals were misguided or ignored the company's efforts to spell out its position that even a world intent on limiting temperature rises would still need more oil — a position shared by bodies such as the International Energy Agency, which sees oil
demand rising for some years to come yet.
Last year, a growing number of
shareholders demanded more transparency on companies» political spending, with 30 percent of
proposals reflecting that expectation.