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Shell AGM: Shareholders Cheer for Profits Over Planet, Reject Climate Resolution Amid Protests

Posted by John Donovan: 21 May 2024

In a shocking display of corporate bravado and environmental disdain, Shell’s shareholders once again proved they couldn’t care less about the planet. At Tuesday’s annual general meeting, they overwhelmingly rejected a climate resolution filed by the activist group Follow This, despite the backdrop of vehement protests.

This climate resolution, mind you, was backed by 27 investors managing a whopping $4 trillion. These forward-thinkers dared to suggest that Shell should align its carbon emissions reduction targets with the Paris Climate Agreement. The nerve! But alas, only 18.6% of the shareholders supported it, a decline from last year’s modest 20%. Apparently, Shell’s board had already made it crystal clear that such eco-friendly suggestions were unwelcome. read more

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.

Shell’s AGM Spectacle: A Symphony of Greenwashing and Protester Evictions

Posted by John Donovan: 21 May 2024

In what can only be described as a bizarre mix of a bad corporate play and a tragic comedy, Shell’s annual general meeting (AGM) saw its chairman Sir Andrew MacKenzie facing the wrath of climate protesters accusing him of “greenwashing.” Yes, the oil behemoth’s top brass had the nerve to gather at the posh InterContinental London – The O2 hotel to deliver their usual drivel about being eco-friendly while their actions scream otherwise. read more

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.

Shell prefers to ignore such trivial matters as the future of our planet

Posted 24 May 2023 by John Donovan

The activists stormed the meeting, shouting “Shut down Shell” as if their pleas for environmental responsibility could penetrate the thick walls of corporate greed.

Shell miraculously survives yet another feeble revolt from shareholders concerned about its “green strategy” and decides to continue its legacy of environmental destruction. As if that wasn’t enough, climate change protesters daringly stormed Shell’s annual meeting, disturbing the tranquil gathering of oil enthusiasts. read more

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.

SHUT DOWN SHELL

Posted by John Donovan

The 2023 Shell Plc AGM has been disrupted by repeated interventions by a succession of activists all repeating the refrain “SHUT DOWN SHELL”.

Shell chair Sir Andrew Mackenzie appears to be  fighting a losing battle to move on with the meeting…

Shell Chairman Andrew Mackenzie struggled to kick off the energy behemoth’s annual general shareholder meeting on Tuesday, thanks to those pesky climate activists who just couldn’t resist making a scene. They sang, they shouted, and they were eventually dragged away one by one by security personnel. Ah, such fond memories of last year’s meeting, which was also marred by these annoying interruptions, causing a delightful three-hour delay. read more

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.

Shell faces shareholder revolt over laughably inadequate climate change goals

Shell faces shareholder revolt over their laughably ‘inadequate’ climate change goals

Posted by John Donovan: 20 May 2023

Shell is bracing itself for an agonizing annual meeting next week, where it will attempt to juggle the demands for profits with the bothersome calls to address the climate crisis more forcefully.

Shell, that paragon of environmental stewardship, has drawn criticism for its outrageous earnings “bonanza” resulting from the skyrocketing oil and gas prices following Russia’s invasion of Ukraine.  read more

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.

Shell, the paragon of corporate responsibility, finds itself in the midst of an investor rebellion

Posted by John Donovan:

19 May 2023

Shell, the paragon of corporate responsibility, finds itself in the midst of an investor rebellion because of baseless claims that it is scaling back its bold plans to achieve net zero targets.

The noble Universities Superannuation Scheme (USS), Britain’s preeminent private pension fund, has vowed to vote against the re-election of the illustrious Sir Andrew Mackenzie as chairman. Why, you may ask? Well, apparently the audacious accusation is that Shell is not doing enough to reduce its carbon footprint. How dare they besmirch Shell’s good name? read more

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.

Shell’s Climate Betrayal: Profits Over Planet Sparks Church of England Revolt

By John Donovan

In an audacious display of corporate arrogance, oil behemoth Shell is embroiled in a showdown with the Church of England (CofE). Accused of reneging on its commitments to a greener future, Shell has drawn the ire of the Church, whose pension board is set to vote against the company’s chief executive, Wael Sawan, and chairman, Sir Andrew MacKenzie, at an upcoming shareholder meeting.

Despite the global urgency to combat climate change, Shell continues to prioritize its short-term profits over the long-term health of the planet. The energy giant, far from being a responsible corporate citizen, has been exploiting the Ukraine crisis to bolster its fossil fuel profits, while shamelessly backpedalling on promises to transition to clean energy. read more

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.

Proxy adviser PIRC recommends vote against Shell’s chair, annual report Reuters

Proxy adviser PIRC recommends vote against Shell’s chair, annual report

May 9 (Reuters) – Proxy adviser PIRC on Tuesday recommended Shell Plc’s (SHEL.L) investors vote against the energy company’s chair and opposed its annual report for “failing to address climate risks by setting adequate targets.

PIRC said it, instead, recommended shareholders vote in favour of a climate activist group’s proposal seeking faster emissions cuts.

Shell, on the other hand, has recommended its shareholders vote against the proposal by the Follow This activist shareholder group that asks the energy giant to align with the 2015 Paris climate deal. read more

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.

Shell boss Ben van Beurden leaves two major legacies as successor is named

skynews

Shell boss Ben van Beurden leaves two major legacies as successor is named

Sky’s Ian King looks at the achievements Ben van Beurden will leave behind and the challenges ahead for his successor at a time of turmoil for the energy sector.

Ben van Beurden, whose departure as Shell chief executive at the end of the year was confirmed on Thursday morning, leaves at least two major legacies.

The first is the blockbuster £47bn takeover, announced in April 2015, of BG Group.

The deal attracted no end of criticism at the time. There was a lot of unease, at a time when oil and gas prices were depressed, about Shell’s ability to sustain its dividend payments – which then accounted for £1 in every £9 of dividends paid by UK companies. The company was accused of over-paying for BG. read more

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.

Investor rebellion over climate change at chaotic Shell AGM

THE TIMES

Investor rebellion over climate change at chaotic Shell AGM

A fifth of Shell shareholders have voted to reject its climate transition plans, almost double the rebellion that it endured a year ago.

The revolt came at a chaotic annual general meeting in London that was delayed for several hours after disruption by environmental protesters. Sir Andrew Mackenzie, Shell’s chairman, called police to clear the room at Central Hall in Westminster and three people were arrested outside the venue.

Shell, Europe’s biggest oil and gas group, is under intense scrutiny by investors and wider society over the speed of its plans to make the transition to cleaner energy. It has committed to eliminating its emissions to net zero by 2050, but faces pressure to make steep cuts in the near term, including from a read more

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.

Climate protesters block start of Shell shareholder meeting

Reuters

Climate protesters block start of Shell shareholder meeting

By Shadia Nasralla and Ron Bousso:

LONDON, May 24 (Reuters) – A couple of dozen climate protesters disrupted Shell’s (SHEL.L) annual general meeting (AGM) on Tuesday, chanting slogans and holding banners as Shell Chair Andrew Mckenzie tried to start the meeting.

Shell is due to ask its shareholders to vote on a resolution supporting its climate strategy and rebuff a climate resolution from activists, another iteration of which garnered 30% of votes at last year’s AGM. read more

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.

Breaking News: Security Fiasco at Shell AGM

Breaking News: Security Fiasco at Shell AGM. 

11.15 am 24 May 2022

Shell Plc Chairman Sir Andrew Mackenzie announced to assembled shareholders that the AGM meeting is halted because protestors have superglued themselves to seats. 

Does the question, therefore, arise of how the activists managed to smuggle superglue into the AGM? The possibility must have been considered bearing in mind that the same superglue tactics have been used previously on a number of occasions by protestors at the Shell Centre building and reported extensively by the news media? read more

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.

Total chaos at Shell’s AGM as 70+ activists bring meeting to complete standstill, chairman McKenzie unable to restore order

CITYA.M.

Total chaos at Shell’s AGM as 70+ activists bring meeting to complete standstill, chairman McKenzie unable to restore order

Reports are coming in that about 70 people have taken over Shell’s AGM and brough the meeting to a complete standstill.

Shell Chairman Sir Andrew McKenzie was forced to halt the meeting, taking place in London this morning. He is currently sitting behind his desk on stage with no action taken.

Numerous activists are accusing Shell’s board and shareholders of “ignoring the United Nations” and “ignoring ordinary people”.

McKenzie is trying to restore order, without success so far. read more

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.

Shell Plc Chairman Sir Andrew Mackenzie calls in police to quell shareholder rebellion at AGM 

24 May 2022: 10.22

Shell Plc Chairman Sir Andrew Mackenzie calls in the police to quell shareholder rebellion at AGM 

Sir Andrew asks the police to “come in and settle the meeting down so we can continue with proceedings.” 

In the meantime, the meeting is halted. 

Protestors chant that “SHELL MUST FALL” 

THE MEETING OFFICIALLY PAUSED AT 10.35 am. 

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.

Directorate Change – Shell announces Executive Committee and Board change

Directorate Change – Shell announces Executive Committee and Board change

| Source: Shell plc

LONDON, March 01, 2022 — Shell plc (“Shell”) today announced the appointment of Sinead Gorman as chief financial officer (CFO), effective April 1, 2022. She will become a member of both Shell’s Executive Committee and Board of Directors. After a distinguished career of 17 years with Shell, the last five years as CFO, Jessica Uhl will step down from her role on March 31, 2022. Jessica will be available to assist Sinead and the Board with transition until June 30, 2022, after which she will leave the group. read more

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.

Brexit Britain win confirmed as Shell overwhelmingly backs UK move – Dutch snubbed

Express

Brexit Britain win confirmed as Shell overwhelmingly backs UK move – Dutch snubbed

SHAREHOLDERS in oil giant Shell have given their backing to proposals to move the Anglo-Dutch company’s headquarters to London from the Netherlands.

By TOM HILL: 14:11, Fri, Dec 10, 2021 | UPDATED: 14:11, Fri, Dec 10

According to preliminary polling 99.77 percent of shareholders so far had backed the move with just under 58 percent of votes cast. Final results are expected later in the day although it is thought the result is unlikely to change.

The company follows another Anglo-Dutch firm, Unilever, which also decided to move its headquarters to London from the Netherlands. Shareholders were asked to vote on a range of new proposals aimed at simplifying the company’s structure which will also see it drop ‘Royal Dutch’ from its official name. read more

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.