Royal Dutch Shell received overwhelming backing for its own energy transition strategy at its AGM today (18 May), but a shareholder resolution that would have forced accelerated climate action did not pass. At the energy giant’s virtual meeting, 99.74% of shareholders supported its own energy transition strategy, announced back in February. The strategy, Shell claims, is aligned with reaching net-zero by 2050.
Edie 18th May 2021 read more »
Almost a third of shareholders defied the wishes of Shell board members to vote in favour of a resolution tabled by an activist shareholder group at its annual general meeting today. Thirty percent of the votes went in favour of Follow This’ resolution, which called for Shell to set Paris-aligned short, medium and long-term targets for cutting emissions from its operations and the use of its products.
Energy Voice 18th May 2021 read more »
More than 30 per cent of Royal Dutch Shell investors have defied the oil major to back a shareholder motion calling for it to set tougher climate change targets.
Times 19th May 2021 read more »