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(Reuters) Church of England files shareholder resolutions at BP and Shell on climate change
The Church of England said it was in the process of filing shareholder resolutions on climate change at BP Plc and Royal Dutch Shell Plc.
“The resolution is intended to challenge the companies to run their businesses so that they participate constructively in the transition to a low carbon economy”, The Church of England wrote in a blog. (bit.ly/1tUBUlN)
The Church said it chose BP and Shell because they have the biggest carbon footprints of all the companies listed on the London Stock Exchange.
Read it all and make sure to read the whole C of E blog post also.