© Reuters. FILE PHOTO: The Occidental Petroleum Corp headquarters is pictured in Los Angeles, California September 16, 2013. REUTERS/Mario Anzuoni/File Photo
(Reuters) – Top proxy adviser Institutional Shareholder Services recommended Occidental Petroleum Corp (NYSE:) investors vote in favor of a shareholder proposal calling for the energy company to set and publish emissions reductions targets.
In a report sent by a spokesman on Monday ISS said “investors would benefit from additional information on interim steps the company is taking to meet its long-term net-zero by 2050 target and how it plans to allocate capital in line with that goal.”
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