LONDON, April 8 (Reuters) - Dutch pension scheme APG wasamong a group of investors to pledge support on Wednesday to aplanned resolution on "climate change resilience" at oil giantBP's upcoming annual general meeting.
The shareholder-led resolution, which is supported by thecompany, calls for more openness around issues such as emissionsmanagement, the company's plans for low-carbon research and itspublic policy positions relating to climate change.
Initially proposed by a range of pension schemes, faithgroups and charities, the resolution will be put to the vote atBP's annual general meeting (AGM) on April 16 and needs backingfrom 75 percent of votes cast to be passed.
A similar resolution has been proposed for the AGM of sectorpeer Royal Dutch Shell and supported by the companyahead of its AGM on May 19.
As well as APG, other fresh supporters included French fundfirm Amundi, British peer Kames Capital and German investmentmanager Union Investment, a statement from shareholder pressuregroup ShareAction said.
They join the likes of U.S. pensions giant Calpers, Britishfund firms Schroders and Aviva Investors andFinnish fund Ilmarninen, which are among the groups to havealready backed the resolution.
"Structural changes in the energy markets, resulting frompolicy decisions and technological breakthrough, can alter thelong-term outlook for energy companies," said Erik Jan Stork,Senior Sustainability Specialist at APG.
"We expect BP and other energy companies to take account ofthese changes in developing their long-term businessstrategies." (Reporting by Simon Jessop; Editing by Mark Potter)
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