"Reports that UK-based fossil fuel giant BP has abandoned its commitment to cut oil and gas production by 2030 were greeted with dismay earlier this week. According to Reuters, CEO Murray Auchincloss – appointed in January – will no longer keep to a pledge to reduce output by 25% over the next five years, based on the belief that investors care more about near-term returns than the firm’s ability to adapt to a future powered by renewable energy."

Link: https://www.esginvestor.net/take-five-profit-over-planet/