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The Guardian - UK

Business

Jillian Ambrose Energy correspondent

Shell faces shareholder rebellion over climate activist resolution

Shell Follow This Oil United Kingdom

The resolution by Follow This calls for the oil company to align its medium-term emissions reduction targets with the 2015 Paris agreement. Photograph: Chris Helgren/Reuters

Shell’s board faces a shareholder rebellion as large investors including the UK’s biggest pension scheme prepare to back a climate activist resolution.

Twenty-seven investors have agreed to back a resolution filed by the Dutch shareholder activists at Follow This that calls for the oil company to align its medium-term emissions reduction targets with the 2015 Paris agreement.

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