HOUSTON, May 28 (Reuters) - Chevron ( CVX ) shareholders

voted against three stockholder proposals during the U.S. oil

producer's annual meeting on Wednesday, including one calling

for a report on the company's human rights practices, while

larger rival Exxon Mobil ( XOM ) faced no investor resolutions

for the first time in decades.

There have been fewer resolutions on environmental, social

and governance (ESG) matters this year than they did in 2024 and

2023 due to lack of investor appetite for such proposals.

Lower-than-expected returns in renewable energy projects have

also shifted shareholders' focus back to oil and gas.

Chevron ( CVX ) investors rejected a resolution that would have

allowed holders of at least 10% of the company's common stock to

call special meetings. They also voted down a proposal to

produce a report about whether company investments in renewable

energy could result in so-called stranded assets, or projects

that lose value prematurely, according to preliminary voting

results on Wednesday.

Also on Wednesday, Exxon's annual meeting featured no

qualifying shareholder resolutions for the first time since

1958.

Exxon CEO Darren Woods said he attributed that to the

company's performance that has outpaced competitors, and to

Exxon's willingness to fight back against proposals he said were

a detriment to the business.

Investors approved all director nominees and executive

compensation plans for both companies.