HOUSTON (Reuters) – Chevron shareholders voted against three stockholder proposals that included a call to commission a third-party report on the company’s human rights practices, according to preliminary voting results from Chevron’s annual meeting on Wednesday. Investors of the U.S. oil producer also rejected a proposal for the company to produce a report about whether […]
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Chevron investors reject stockholder proposals on human rights, renewable energy
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HOUSTON (Reuters) – Chevron shareholders voted against three stockholder proposals that included a call to commission a third-party report on the company’s human rights practices, according to preliminary voting results from Chevron’s annual meeting on Wednesday.
Investors of the U.S. oil producer also rejected a proposal for the company to produce a report about whether its investments in renewable energy could result in so-called stranded assets, or projects that lose value prematurely.
(Reporting by Sheila Dang in Houston and Tanay Dhumal in Bengaluru)