Shell Employee Safety – Royal Dutch Shell Plc .com http://royaldutchshellplc.com News and information on Royal Dutch Shell Plc Sun, 15 Jul 2018 17:02:48 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.7 https://i0.wp.com/royaldutchshellplc.com/wp-content/uploads/2017/04/cropped-Screen-Shot-2017-03-31-at-15.44.47.jpg?fit=32%2C32 Shell Employee Safety – Royal Dutch Shell Plc .com http://royaldutchshellplc.com 32 32 4172002 SHELL SCANDALS http://royaldutchshellplc.com/2018/06/23/shell-scandals/ Sat, 23 Jun 2018 16:46:31 +0000 http://royaldutchshellplc.com/?p=97210 SHELL SCANDALS was first posted on June 23, 2018 at 5:46 pm.
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Extracts from the ebook “John Donovan, Shell’s Nightmare” (now available on Amazon websites globally)

Extract from page 147.

I publish articles on my website penned by me and authored by Shell insiders and former Shell employees.

A brief selection:

Roll call of Shell toxic brands deadly to insects, crop pests AND humans: 20 August 2010

Shell Corrib employee group leaking information to website: 6 August 2010

Adventures in Shell ‘Matulaland’: 11 June 2010

DATA SECURITY BREACH AT SHELL PUTS ITS EMPLOYEES AT RISK: 4 February 2010

Shell’s North Sea history of safety violations, blackmail and blacklisting: 28 January 2010

SEX, DRUGS & CORRUPTION SPONSORED BY SHELL

News headlines file for Royal Dutch Shell Sex and Drugs Scandal: 27 May 2009

Royal Dutch Shell Fat Cat Malcolm Brinded: Big Brain but no scruples: 28 May 2009

Retired Shell Executive, Paddy Briggs, traces the firm’s reputational demise: “the reputation of Shell has been destroyed by hypocrisy, mendacity and deceit.”: 09.25: Wednesday 27 July 2005

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan
SHELL SCANDALS was first posted on June 23, 2018 at 5:46 pm.
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Shell boss hit by shareholder revolt over £8m pay http://royaldutchshellplc.com/2018/05/22/shell-boss-hit-by-shareholder-revolt-over-8m-pay/ Tue, 22 May 2018 16:42:36 +0000 http://royaldutchshellplc.com/?p=96870 Shell boss hit by shareholder revolt over £8m pay was first posted on May 22, 2018 at 5:42 pm.
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A quarter of Shell shareholders turned on Ben Van Beurden after he pocketed €8.9m (£7.8m)

Jillian Ambrose: 

The boss of Royal Dutch Shell has suffered a bruising shareholder revolt after more than a quarter of its investors voted against his multi-million euro payout for last year.

Ben Van Beurden pocketed €8.9m (£7.8m) for 2017 after trebling the company’s profits to $12.1bn (£9bn) as the oil giant staged an impressive recovery from a crash in prices.

But shareholders took against the FTSE 100 boss after an accident in Pakistan last year claimed the lives of more than 200 people in an explosion of a fuel tanker operated by one of the energy giant’s subsidiaries.

The tragedy provoked the ire of one of the City’s most powerful proxy advisers, which urged shareholders to vote against Mr Van Beurden’s pay ahead of the AGM in the Hague today.

Institutional Shareholder Services (ISS) criticised Shell’s scrutiny of the accident and said Mr Van Beurden was paid 80pc of his maximum bonus despite achieving only near-target levels on its operational excellence and sustainable development goals, which make up 70pc of the overall bonus scorecard.

Shell responded to the criticism by pointing out that its executive pay was in line with policies supported by shareholders and approved by ISS at last year’s annual meeting.

But shareholders paid heed to the criticism by cutting support for his pay packet from 92pc last year to just below 75pc in the non-binding vote, despite only a modest 3.7pc pay increase compared to 2016.

The AGM was also dominated by criticism of Shell’s green credentials by activist shareholders who are calling on the oil major to broaden its carbon-cutting plans to include the emissions of its customers when using Shell fuels.

However, only 5.1pc of shareholders backed the resolution for tougher targets. The level of support is lower than in 2017 when 6.3pc voted in favour of a climate protection resolution.

SOURCE 

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Shell boss hit by shareholder revolt over £8m pay was first posted on May 22, 2018 at 5:42 pm.
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Shell Faces Shareholder Outcry Over Incident That Killed 200 http://royaldutchshellplc.com/2018/05/14/shell-faces-shareholder-outcry-over-incident-that-killed-200/ Mon, 14 May 2018 13:08:17 +0000 http://royaldutchshellplc.com/?p=96791 Shell Faces Shareholder Outcry Over Incident That Killed 200 was first posted on May 14, 2018 at 2:08 pm.
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Royal Dutch Shell Plc will face difficult questions at its annual general meeting next week after an investor-advisory group urged shareholders to challenge executive pay and the company’s response to a fatal accident in Pakistan. 

Institutional Shareholder Services Inc., an influential adviser on corporate governance, has recommended investors reject Shell’s pay report at its AGM on May 22, saying it was initially “silent” on the Pakistan incident. ISS also said it could only offer “qualified support” to the re-election of the independent director looking after corporate social responsibility. 

While Shell has explained the accident was connected to a sub-contractor and therefore shouldn’t be included in its executive-pay calculations, ISS’s position suggests the AGM might not run smoothly. The Anglo-Dutch oil major is already facing a battle on climate change, after a shareholder group filed a resolution asking the company to set specific emission-reduction targets.

“We strongly disagree with several of the concerns set out in ISS’s voting recommendation,” a Shell spokeswoman said in an emailed statement. “Shell takes safety extremely seriously. Last year’s tragedy in Pakistan has been discussed by Shell’s Board of Directors, and we continue to assess the lessons we can learn from it.”

Fatal Accident

The catastrophe occurred last June, after a fuel truck being driven by a Shell sub-contractor rolled over in Punjab province. People from a nearby village approached the site to collect spilling fuel, which then ignited, killing more than 200 and injuring dozens of others.

Shell paid a $2.4 million fine to Pakistan’s industry regulator following the accident. While the company said it would work with aid agencies to provide relief to affected communities, ISS said Shell could improve disclosure around how the tragedy affected remuneration.

ISS also raised other concerns about incentive payments, saying Chief Executive Officer Ben van Beurden reached only 70 percent of the targets required to receive his full bonus but will get a payout totaling 80 percent. Further, Shell lagged behind the market in publicizing cash-flow goals.

The oil company said its pay report reflects policies approved by shareholders — and ISS — in 2017. Van Beurden’s total direct remuneration climbed to 8.54 million euros ($10 million) last year, a 3.4 percent increase as profit almost tripled.

Not Binding

If shareholders follow ISS’s recommendation to reject executive pay, the outcome of the vote would be non-binding.

The group’s views run counter to those of another shareholder-advisory firm, Glass Lewis & Co., which urged stockholders to approve remuneration because it had “no material concerns.”

Both organizations rejected the shareholder resolution on climate targets, which was filed by a Dutch group called Follow This. Some smaller investors, including the Church of England, have come out in support of the proposal.

SOURCE

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan
Shell Faces Shareholder Outcry Over Incident That Killed 200 was first posted on May 14, 2018 at 2:08 pm.
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Shell boss Ben Van Beurden facing a shareholder revolt over his £7.8m pay packet http://royaldutchshellplc.com/2018/05/14/shell-boss-ben-van-beurden-facing-a-shareholder-revolt-over-his-7-8m-pay-packet/ Mon, 14 May 2018 08:21:20 +0000 http://royaldutchshellplc.com/?p=96784 Shell boss Ben Van Beurden facing a shareholder revolt over his £7.8m pay packet was first posted on May 14, 2018 at 9:21 am.
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The boss of oil giant Shell is facing the threat of a revolt over his £7.8million pay packet.

Institutional Shareholders Services, a leading investor advisory group, is recommending that Ben van Beurden’s pay is voted down at the annual general meeting later this month.

ISS said it also wants more information about how the 60-year-old’s bonus was affected by an incident in Pakistan in 2016, when a fuel tanker operated by a Shell Pakistan contractor exploded, killing more than 200 people.

Shell said that it disagreed with several of ISS’s concerns.

  • The trial of Shell and Eni executives over alleged corruption during a deal to buy an oilfield in Nigeria is due to start in Italy today.

SOURCE

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Shell boss Ben Van Beurden facing a shareholder revolt over his £7.8m pay packet was first posted on May 14, 2018 at 9:21 am.
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Shell pays out £41billion to governments globally in 2017 http://royaldutchshellplc.com/2018/04/09/shell-pays-out-41billion-to-governments-globally-in-2017/ Mon, 09 Apr 2018 16:26:37 +0000 http://royaldutchshellplc.com/?p=96350 Shell pays out £41billion to governments globally in 2017 was first posted on April 9, 2018 at 5:26 pm.
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The firm also drew attention to a number of safety incidents in 2017 which it is working to address and provide support to victims for, including oil spills and theft in Nigeria, earthquakes in Groningen and a road tanker disaster in Pakistan.

Written by  – 

The company has published the findings in a report to accommodate UK regulations requiring transparency on government payments. It includes payments in 29 countries where Shell operates and does not include details related to refining, natural gas liquefaction, or gas-to-liquids activities which are not in the scope of UK regulations. Shell made the largest contribution to Nigeria, paying over £3billion last year, while the smallest sum went to Bulgaria at £109million. FULL ARTICLE

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan
Shell pays out £41billion to governments globally in 2017 was first posted on April 9, 2018 at 5:26 pm.
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