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FT: Investors pull green levers to reshape energy sector

FT: Investors pull green levers to reshape energy sector

Selective stockpicking, boycotts and engagement are all methods gaining ground among environmental stakeholders

Investing in energy is not what it was. Oil and gas companies like BP and Royal Dutch Shell were traditionally reliable dividend payers, the stalwart of any respectable income investor’s portfolio. The coronavirus pandemic has thrown that status into doubt. In April, Shell cut its dividend for the first time since 1945 as the oil price slumped, while some analysts have predicted BP could cut its dividend as early as next month as it struggles with the slowdown in economic activity this year. 

FULL FT ARTICLE 

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