Shell Investors Call on Others to Force Company Into More Climate Action ...Middle East

OILPRICE - Economy
Shell Investors Call on Others to Force Company Into More Climate Action
source : OILPRICE ( Middle East ) () 66
Several large institutional shareholders in Shell have called on the rest of the company’s shareholders to support a resolution demanding greater climate action, the Financial Times has reported. The resolution authors include Dutch activist investor group Follow This, Amundi, and Axa Investment Managers, along with 25 others, the report said. Collectively, the 27 own 2.5% in the supermajor. Shell has already recommended to its shareholders to vote against the resolution on the basis that its current climate-related targets were sufficient…

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