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Royal Dutch Shell in ‘hall of shame’

Ian Fraser

12 Dec 2010

Scotland’s largest pension fund is considering disinvesting in Royal Bank of Scotland shares over concerns about poor environmental, social and corporate governance at the Edinburgh-based bank.

Strathclyde, which signed the UN Principles of Responsible Investment in 2008, is also considering disinvesting in other companies – including Gazprom, Petrobras, General Dynamics, Royal Dutch Shell, Bank of America – in its hall of shame. Most were considered to have performed worse than RBS in environmental, social and corporate governance (ESG).


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