Chevron investors reject stockholder proposals on human rights, renewable energy

Reuters
28 May
Chevron investors reject stockholder proposals on human rights, renewable energy

HOUSTON, May 28 (Reuters) - Chevron CVX.N shareholders voted against three stockholder proposals that included a call to commission a third-party report on the company's human rights practices, according to preliminary voting results from Chevron's annual meeting on Wednesday.

Investors of the U.S. oil producer also rejected a proposal for the company to produce a report about whether its investments in renewable energy could result in so-called stranded assets, or projects that lose value prematurely.

(Reporting by Sheila Dang in Houston and Tanay Dhumal in Bengaluru)

((sheila.dang@thomsonreuters.com; +1 646-983-0894))

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