board committee: The protest fizzled, with about 41% of the votes supporting the separation at the company's annual meeting, little more than the more than the 38% approval votes that similar resolutions garnered in recent years, according to The Independent. Shareholders also defeated measures calling for a special board committee on climate change and for a report on the risks of climate change to Exxon's U.S. Gulf Coast chemical plants. Two institutional shareholders had urged a vote in favor of the role split after Exxon got the U.S. Securities and Exchange Commission to strike a climate change measure from its ballot. At Chevron Corp's annual meeting on Wednesday, a proposal to create an independent chairman received just 26% of votes, and only 8% of votes favored a board committee on climate change. Royal Dutch Shell last year agreed to set targets to reduce greenhouse gas emissions and link them to executive pay. In contrast, 99% of shareholders at BP Plc last week favored a resolution calling for the British oil company to meet a climate accord seeking to curb a rise in global temperatures.
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