Royal Dutch Shell Plc  .com Rotating Header Image

UK pensions group recommends members oppose Shell’s climate strategy at AGM

UK pensions group recommends members oppose Shell’s climate strategy at AGM

LONDON, April 28 (Reuters) – The UK’s Local Authority Pension Fund Forum said on Wednesday it recommended members oppose Royal Dutch Shell’s RDSA.L climate change strategy at the company’s forthcoming annual general meeting.

Instead, the group, whose 82 members manage over 300 billion pounds ($416.61 billion) in assets, said it backed a resolution from activist group Follow This calling for the company’s targets to be aligned with the Paris Agreement on climate.

($1 = 0.7201 pounds)

(Reporting by Simon Jessop; editing by Carolyn Cohn)

((simon.jessop@thomsonreuters.com; +44 (0) 207 542 5052; Reuters Messaging: Reuters Messaging: simon.jessop.thomsonreuters.com@reuters.net))

SOURCE

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.