Institutional Shareholder Services (ISS), a leading proxy advisory firm, has recommended that BP shareholders vote against the oil company's board proposal to eliminate some climate reporting requirements.

The recommendation comes as BP faces scrutiny over its environmental disclosure practices and climate commitments. ISS, which provides voting recommendations to institutional investors, cited concerns about the proposed reduction in climate-related reporting transparency.

The vote is expected to take place at BP's upcoming shareholder meeting, where investors will decide whether to approve the board's proposal to scale back certain climate reporting obligations. The ISS recommendation carries significant weight among institutional investors who often follow the firm's guidance when casting votes.

BP's proposal to reduce climate reporting comes amid broader industry debates over environmental disclosure requirements and corporate climate commitments. The outcome of the shareholder vote could signal investor sentiment regarding the importance of maintaining comprehensive climate-related reporting standards in the energy sector.

The recommendation highlights ongoing tensions between energy companies seeking operational flexibility and investors demanding transparency on climate-related risks and strategies. ISS has not disclosed specific details about which aspects of BP's climate reporting would be affected by the proposed changes.