What deadline have investors given BP to include the climate resolution?

Investors have given BP until April 1 to include the climate resolution in the agenda for its shareholder meeting.

What will happen if BP does not include the resolution?

If BP does not include the resolution, the investors plan to take the company to court to enforce compliance.

Who are the key parties behind the resolution request to BP?

The climate activist group Follow This and a consortium of European investors managing $1 trillion are behind the request.

What is the focus of the requested climate resolution?

The resolution asks BP to disclose long-term strategies under scenarios of declining oil and gas demand.

When is BP's annual general meeting scheduled?

BP's annual general meeting is scheduled for April 23.

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Finance

Climate Investors Give Bp Until April 1 to Include Resolution, Threaten Court

Published by Global Banking & Finance Review®

Posted on March 25, 2026

2 min read

Last updated: March 25, 2026

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Climate investors give BP until April 1 to include resolution, threaten court - Finance news and analysis from Global Banking & Finance Review

Climate Activists and Investors Challenge BP Over Shareholder Meeting Agenda

By Shadia Nasralla

LONDON, March 25 (Reuters) - Climate activist shareholder group Follow This, together with a group of European investors with $1 trillion under management, said on Wednesday they have given BP until April 1 to include their resolution in the agenda for the oil major's shareholder meeting or they will take the firm to court.

Demands and Legal Actions

The group demanded BP disclose longer-term strategies under scenarios of declining oil and gas demand, but BP did not include the resolution in its notice of meeting.

Follow This said it has instructed law firm Mishcon de Reya to send a formal letter before action to BP, giving the company one week to include its resolution on the agenda for its annual general meeting.

In the letter, seen by Reuters, the law firm said: "Should the board now still fail to do so, our client will be left with no option but to seek the assistance of the courts to order the board to comply with its legal obligations."

Upcoming Annual General Meetings

BP's AGM is scheduled for April 23.

Follow This has filed a similar resolution for Shell's AGM scheduled for May 19. Shell has not published its agenda for the meeting yet.

Shareholder Rights and Broader Implications

Typically, it is much easier for shareholders in Europe to get resolutions on AGM agendas than in the U.S.

"This case is bigger than one resolution at one company," said Follow This founder Mark van Baal. "Shareholder democracy in the UK is at stake. If BP can block a valid resolution without explanation, any company can. We will not let that stand."

BP's Response

BP did not immediately respond to a request for comment. A BP spokesperson has previously said of the Follow This resolution: "The board determined, having taken legal advice, that the proposed resolution did not conform to legal requirements. Moreover, we have a clear strategy with multi-year targets to drive long-term shareholder value."

(Reporting by Shadia Nasralla. Editing by Mark Potter)

Climate Investors Give Bp Until April 1 to Include Resolution, Threaten Court

Quick Summary

Climate Investors Demand BP Address Resolution or Face Court Over Meeting Agenda

Climate Activists and Investors Challenge BP Over Shareholder Meeting Agenda

Demands and Legal Actions

Upcoming Annual General Meetings

Shareholder Rights and Broader Implications

BP's Response

References

Key Takeaways

Frequently Asked Questions about Climate investors give BP until April 1 to include resolution, threaten court