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An appeal for Shell shareholder support

The Sierra Club (Washington, DC – www.sierraclub.org)

…is planning to bring a shareholders’ resolution to Royal Dutch Shell’s 20 May 2008 AGM. The resolution focuses on risks to shareholder value from Shell’s operating in Alaska’s Beaufort and Chukchi seas. Sierra’s concerns include the company’s failing to report on possible impact to value from operating in the Arctic oceans and failing to assess reputational risk from an oil spill in Alaskan waters, particularly one that impacts threatened marine mammals such as polar bear.

Sierra seek to highlight Shell’s ability to communicate to shareholders and potential investors the business case for its position on these issues and how such a position creates rather than destroys share value. They seek co-filers for the resolution, which must be delivered to Shell by 20 February.

To request a copy of the resolution wording and supporting statement, and for further information, please directly contact Athan Manuel

[email protected], tel. +1 202-548-4580 / 202-716-0006,

or Keren O’Brien Murphy

[email protected], tel. +1 202-675-6690 at Sierra.

Miles Litvinoff 
Co-ordinator, Ecumenical Council for Corporate Responsibility

PO Box 500, Oxford OX1 1ZL, UK 
tel. +44 (0)20 8965 9682

mobile +44 (0)7984 720103

[email protected]

www.eccr.org.uk

ECCR is a company limited by guarantee in England & Wales (No. 2764183) and a Body in Association with Churches Together in Britain and Ireland.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

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