Shell Faces Shareholder Push on Climate Change Goals – Financial Times
Article Synopsis – Shell is expected to face a shareholder resolution calling at its annual meeting in May for a radical shift away from fossil fuels, highlighting mounting pressure on the world’s largest oil and gas companies over their contributions to global warming. While Shell has gone further than most peers by announcing an “ambition” to reduce its carbon footprint by 50% by 2050 and investing up to $2bn a year in renewable energy, they still fall short of reaching the goals outlined in the Paris Climate Agreement. To read the actual article click here.