Following pressure from green investors, oil and gas giant BP has pledged to align its business with the aims of the Paris Agreement and has begun linking staff bonuses to its low-carbon progress. The firm announced that it will accept the climate, carbon and disclosure recommendations by investor group Climate Action 100+ at its upcoming AGM in May. A further measure detailed in the agreement between BP and Climate Action 100+ is an incentive to spur board-level staff and those in charge of key products to make more sustainable choices. BP has interpreted this recommendation by pledging to link the bonuses of 36,000 of its workers to the progress it makes towards its climate targets – a move which will be voted on at the AGM. The adoption of this recommendation comes after rival firm Royal Dutch Shell pledged last December to link progress towards its carbon reduction aims to the amount of pay awarded to members of its executive board.

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