Shell facing tense clash on climate at AGM after year of record profits
Shell is set to face a tense annual general meeting that could be dominated by clashes over climate action after the oil major saw a record year of profits.
Mark van Baal
Shell emissions on course to drop this decade, but activist investor wants more
Shell’s (LON: SHEL) overall emissions are projected to drop this decade for the first time, new research has found.
Incoming Shell CEO has ‘most challenging job in history’ of oil giant
Activist groups are calling on Shell’s incoming chief executive to make “bold decisions” in order to revolutionise the supermajor.
Investors in Big Oil are our last hope in the fight against the climate crisis
For Big Oil executives, it is difficult to imagine new business models beyond oil and gas. They climbed to the top of the pyramid by being the smartest guys in the room, turning hydrocarbons into petrodollars. Success is a lousy teacher: therefore, they are still determined to increase their total emissions this decade.
Shell’s new emission targets fall short, activist investor says
An activist investor whose climate resolution garnered 30% votes from Royal Dutch Shell investors says the energy giant has not fully addressed concerns over emissions.
Shell’s emissions to rise on LNG focus, report claims
Shell (LSE:RDSA) will increase emissions by 4.4% by 2030, according to new research from Global Climate Insights (GCI), contravening a court order to reduce by 45%.
Total shareholders back company climate plans
Shareholders voting at Total’s AGM approved the company’s climate resolution, despite environmental NGOs warning the plan falls short.
Updated: BP shareholder files climate resolution with oil major’s input
Dutch activist investor Follow This filed a climate resolution for BP Plc’s annual general meeting, having received support from the oil giant earlier this year. But the two parties were ultimately unable to agree on the final details in order to put forward the resolution together.
‘Big win’ as Shell urged by more shareholder activists to meet climate targets
A shareholder activist group has claimed a ‘big win’ after an increase in the number of investor votes urging Shell to meet its climate targets.
Some supermajors want to remain oil giants but not ‘look like it’, activist investor says
A Dutch shareholder activist has accused some oil and gas majors of talking the talk but not walking the walk on shifting to cleaner investments.
Activist investor and ‘skeptical environmentalist’ face off on climate change
As people around the world gathered for the largest climate protest in history last month, the audience at an event in Stavanger was told there can’t be a “rational conversation on global warming before we’ve stopped screaming”.
Oil giants should be intimidated by climate change, warns activist investor
If you’ve attended or watched annual general meetings (AGMs) held by oil majors in the last few years, you might recognise Mark van Baal.
BP ‘ignoring elephant in the room’ at AGM, Dutch activist says
A prominent Dutch climate change activist accused BP of “ignoring the elephant in the room” at its annual general meeting in Aberdeen yesterday.
Shell activist investor withdraws climate resolution for 2019
An activist shareholder that filed resolutions for three years pressuring Royal Dutch Shell Plc to do more on climate change said it will withdraw the filing for 2019.