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The recommendations come ahead of the company’s shareholder meeting on May 26. ISS also recommended backing other Chevron directors and is also in favor of shareholder proposals for reducing the emissions from customer use of the company’s products, and developing a report on impacts of achieving net zero emissions by 2050. The ISS recommendations carry weight among institutional investors and often guide how they vote at corporate meetings. London-based governance advisor Pensions & Investment Research Consultants (PIRC) has urged opposition to Wirth because of the company’s combined board chairman and CEO roles, and support of several climate and governance proposals.

City ofUnited kingdomJennifer hillerMichael wirthPensions investment research consultantsInstitutional shareholder servicesChevron corpChevron corp chief executive michael wirthInvestment research consultantsDiane craftநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்ஜெனிபர் ஹில்லர்மைக்கேல் வர்த்ஓய்வூதியங்கள் முதலீடு ஆராய்ச்சி ஆலோசகர்கள்நிறுவன பங்குதாரர் சேவைகள்