Climate Adaptation

ConocoPhillips Investors Reject Plan for Stricter Climate Goals

  • Preliminary results show 61% voted against the proposal
  • Investors also nixed a proposal to disclose lobbying efforts
Photographer: Ian Forsyth/Bloomberg
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ConocoPhillips shareholders rejected a proposal for the oil explorer to set more rigorous targets for greenhouse-gas emissions.

More than 60% of shareholders voted against the plan during its annual meeting on Tuesday, according to preliminary results issued by the company.