London (CNN Business) BP has pledged to align its business more closely with global climate goals and link the bonuses of 36,000 employees to greenhouse gas reduction targets. The company said Friday that it would support a resolution from activist investors that calls on BP to align its goals with the 2015 Paris Agreement, which aims to keep global warming "well below" 2 degrees Celsius. The resolution is from Climate Action 100+, a group of 300 investors with $32 trillion in assets . It will be voted on at the company's annual meeting in May. The group writes in the resolution that action was needed because BP "has not yet demonstrated" that its strategy is consistent with the Paris goals.

Source: CNN February 01, 2019 09:45 UTC