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Eco investors turn up the heat on Shell over climate target

Eco investors turn up the heat on Shell over climate target

Voting at the oil giant’s annual meeting this week could see Follow This activists making trouble over emissions

Jillian Ambrose: Sun 16 May 2021 00.05 BST

Shell is braced for its largest climate rebellion this week as shareholders face the choice between backing the oil giant’s carbon-cutting plans or siding with an activist investor who is calling for tougher emissions targets. With its annual meeting planned for Tuesday, the Anglo-Dutch company has called on its investors to vote against a shareholder resolution from campaign group Follow This in favour of its own plans to reduce its emissions to “net zero” by 2050.

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