SEC: ConocoPhillips, Occidental Should Hold Shareholder Votes On Emission Goals ...Middle East

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SEC: ConocoPhillips, Occidental Should Hold Shareholder Votes On Emission Goals
The U.S. Securities and Exchange Commission (SEC) has told ConocoPhillips and Occidental that they should hold a vote from shareholders on how they plan to reach their new emission-reduction targets, denying requests from the companies to have the SEC throw out investor motions on such votes in the annual meetings. In response to ConocoPhillips and Occidental, the SEC said on March 19 that the Commission was “unable to concur” with the companies proposing to omit such votes at their meetings. Occidental Petroleum told the SEC in January…

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