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Shell AGM

Breaking News: Security Fiasco at Shell AGM

May 24th, 2022
by John Donovan.
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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

May 24th, 2022
by John Donovan.
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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 Climate Case to Return to Focus at Annual Shareholder Meeting

May 23rd, 2022
by John Donovan.
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Bloomberg

Shell Climate Case to Return to Focus at Annual Shareholder Meeting

Laura Hurst, Bloomberg News

(Bloomberg) — Climate issues are set to take center stage at Shell Plc’s annual general meeting on Tuesday, with a key group saying the energy giant isn’t abiding by a landmark court order requiring it to cut emissions by 45% by 2030.  

Milieudefensie, the Dutch arm of Friends of the Earth, says Shell’s plans around customer-related emissions — which make up the bulk of its pollution — aren’t in line with last year’s judgment. The group originally brought the case against the company.

“The judge’s verdict is clear and necessary: Shell must stop causing dangerous climate change,” said campaign spokesperson Nine de Pater, who plans to attend the meeting in London as a proxy shareholder.  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.

Contractor quitting puts Shell in spotlight over climate

May 23rd, 2022
by John Donovan.
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Contractor quitting puts Shell in spotlight over climate

A longtime contractor for Shell has accusing the oil and gas company of “double talk” by saying it wants to cut greenhouse gas emissions while working on tapping new sources of fossil fuel

By Frank Jordans Associated Press: May 23, 2022, 6:03 PM

BERLIN — A longtime contractor for Shell has publicly called out the oil and gas company’s climate plans, accusing the company of “double talk” by saying it wants to cut greenhouse gas emissions while working on tapping new sources of fossil fuel. 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.

Contractor resigns from Shell with warning to staff about ‘extreme harm’ to planet

May 23rd, 2022
by John Donovan.
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skynews

They’re ignoring all the alarms’: Contractor resigns from Shell with warning to staff about ‘extreme harm’ to planet

Caroline Dennett told Sky News that working for Shell was no longer morally compatible with her beliefs about how best to protect the planet and the people who live on it.

Hannah Thomas-Peter: Climate change correspondent @hannahtpsky: Monday 23 May 2022 15:44, UK

A safety consultant who spent more than a decade working as a contractor for Shell has publicly resigned, claiming the oil and gas company is causing “extreme harm” to the planet. 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 consultant quits, accusing firm of ‘extreme harms’ to environment

May 23rd, 2022
by John Donovan.
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The Guardian

Shell consultant quits, accusing firm of ‘extreme harms’ to environment

Alex Lawson Energy correspondent: Mon 23 May 2022 13.09 BST

A senior safety consultant has quit working with Shell after 11 years, accusing the fossil fuel producer in a bombshell public video of causing “extreme harms” to the environment.

Caroline Dennett claimed Shell had a “disregard for climate change risks” and urged others in the oil and gas industry to “walk away while there’s still time”. 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 slammed for reaping more than £18m ahead of possible shareholder rebellion

May 22nd, 2022
by John Donovan.
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Shell boss Ben van Beurden slammed for reaping more than £18m ahead of possible shareholder rebellion

By FRANCESCA WASHTELL, FINANCIAL MAIL ON SUNDAY

PUBLISHED: | UPDATED: 

Shell boss Ben van Beurden has been slammed for reaping more than £18million ahead of a possible shareholder rebellion this week. 

Calculations by The Mail on Sunday show that the Dutch businessman – who has led Shell since 2014 – has seen the valuations of his shares and other payments soar.  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 URGED TO DROP APPEAL AGAINST ORDER TO SLASH EMISSIONS

May 20th, 2022
by John Donovan.
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FT

Odey urges Shell to drop appeal against order to slash emissions

Tom Wilson in London

Odey Asset Management has called on Shell to drop its appeal against a landmark Dutch court ruling targeting its climate strategy and instead to fund an independent body to audit the emissions of every oil and gas company. Fund manager Henry Steel, who wrote the letter, told the Financial Times that Shell was “sending the wrong signals” by appealing against last year’s Dutch ruling ordering the oil major to cut its emissions by 45 per cent by 2030. 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 faces investor rebellion over £13.5m pay package

May 18th, 2022
by John Donovan.
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The Guardian

Shell boss faces investor rebellion over £13.5m pay package

Pirc urges shareholders at AGM to vote against Ben van Beurden’s ‘excessive’ pay

Alex Lawson Energy correspondent: Wed 18 May 2022 15.16 BST

The chief executive of Shell is facing an investor revolt over his £13.5m pay packet, as oil and gas firms battle growing calls for a windfall tax on their profits.

The investment adviser Pirc has urged shareholders to vote against Ben van Beurden’s pay packet at next week’s annual general meeting, calling it “excessive”. read more

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Shell suffers blow as investor group withholds approval for energy transition plan

May 16th, 2022
by John Donovan.
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CITYA.M.

Shell suffers blow as investor group withholds approval for energy transition plan

: MONDAY 16 MAY 2022

Shell’s battle to gain approval for its energy transition plan has suffered a heavy setback, as a major investor announces its intention to abstain on a key resolution at the firm’s upcoming annual general meeting.

Royal London Asset Management (RLAM), which holds a £1.2bn stake in the energy giant, has criticised the oil and gas trader’s climate transition plans. 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.

Big Oil braces for shareholder revolt over climate plans in proxy voting season

May 11th, 2022
by John Donovan.
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CNBC

Big Oil braces for shareholder revolt over climate plans in proxy voting season

Sam Meredith@SMEREDITH19

  • Oil and gas majors on both sides of the Atlantic are scheduled to hold their annual general meetings in the coming weeks.
  • The forthcoming proxy season comes amid intensifying pressure on Big Oil to set short- and medium-term targets in line with the landmark Paris Agreement.
  • At present, not a single oil and gas major is aligned with the Paris Agreement’s goal of curbing global heating to 1.5 degrees Celsius above pre-industrial levels.

LONDON — Some of the world’s largest corporate emitters face the prospect of a shareholder rebellion this month, with climate-related votes poised to spike throughout the proxy season.

Oil and gas majors on both sides of the Atlantic are scheduled to hold their annual general meetings in the coming weeks. Existing climate strategies are up for votes alongside a range of investor-led resolutions targeting emissions reductions. 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 Annual General Meeting – Clarification statement regarding Resolution 20

May 9th, 2022
by John Donovan.
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Shell plc Annual General Meeting – Clarification statement regarding Resolution 20

 | Source: Shell plc

Shell plc Annual General Meeting – Clarification statement regarding Resolution 20

Shell plc (the Company) would like to provide further clarification to shareholders regarding Resolution 20 – the Company’s Energy Transition Progress for the year 2021.

Shell recognises and values the importance of shareholder engagement when considering its energy transition progress. In 2021, shareholders overwhelmingly supported the Shell Energy Transition Strategy, reflected through an advisory vote at the 2021 Annual General Meeting. The Company engaged extensively both before and after this shareholder vote. Insight on this engagement was provided on pages 141, 142 and 143* (see note below) of the Company’s 2021 Annual Report. The Board is grateful for the time and contribution of all those shareholders who provided feedback, and for the broad indications of support for Shell’s strategy. read more

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Royal Dutch Shell Plc General Meeting COVID-19 Update

Dec 7th, 2021
by John Donovan.
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General Meeting COVID-19 Update

 | Source: Shell International B.V.

Royal Dutch Shell plc (“Shell”) published a circular on 15 November 2021 which includes a notice of a General Meeting to be held at Rotterdam Ahoy, Ahoyweg 10, 3084 BA Rotterdam, the Netherlands at 10:00 (Dutch time), 09:00 (UK time) on December 10, 2021 (the “Circular”).

Unfortunately, since publication of the Circular, COVID-19 public transmission concerns have only intensified making it more imperative to take all steps we deem necessary to protect the health and safety of our shareholders, employees and GM staff as well as the public. read more

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‘Wolf pack’ attack win opens the door for more turmoil

Jun 1st, 2021
by John Donovan.
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THE SYDNEY MORNING HERALD

‘Wolf pack’ attack win opens the door for more turmoil

June 1, 2021: The success of the activist shareholder assault on the Exxon board last week, along with a court ruling ordering Royal Dutch Shell to cut its carbon emissions faster than planned and a majority of Chevron shareholders voting for a reduction in its “scope three” emissions have been depicted as victories for climate activists.

While the Shell decision clearly fits into that category (although it will appeal) and Chevron probably also squeezes in, the Exxon experience isn’t quite as clear cut and illustrates the confusion and conflict, for companies and investors, that flow from the increasing aggression and impact of environmental, social and governance (ESG) funds. 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.

This time Mark was the winner in the ‘battle of the Van B’s’

May 24th, 2021
by John Donovan.
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fd.nl

This time Mark was the winner in the ‘battle of the Van B’s’

Carel Grol May 23, 2021

As an activist investor, Mark van Baal has been fighting for a greener Shell with Follow This for years. At the shareholders’ meeting he always speaks to the other ‘Van B.’ CEO Ben van Beurden. Follow This is unnecessary, Van Beurden believes, but Van Baal has since won over 30% of the shareholders.

In brief

Activist investor Follow This is gaining a foothold in the Shell shareholders’ meeting. 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.

Influential investor joins shareholder rebellion over Shell’s climate plan

May 24th, 2021
by John Donovan.
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theGuardian.com

Influential investor joins shareholder rebellion over Shell’s climate plan

Legal & General Investment Management, Britain’s biggest fund manager, piles pressure on oil firm

Rupert Jones and Hilary Osborne: Mon 24 May 2021 06.00 BST Britain’s biggest fund manager has piled pressure on Shell after joining a shareholder rebellion over the oil company’s carbon-cutting plans, saying that they lack credibility and the ambition required to combat global heating.

It has emerged that Legal & General Investment Management (LGIM), one of the oldest fund managers in the City of London, was among investors behind a significant shareholder vote against Shell’s climate transition targets at the company’s annual meeting on Tuesday.

The asset manager, which is part of the insurer Legal & General and manages more than £1.2tn of assets, told the Guardian that it joined activists demanding faster progress because it did not believe the Anglo-Dutch company’s plan was credible. 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.
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