‘Say on Climate’ campaign faces first big test at investor meetings
Attracta Mooney in London and Billy Nauman in New York: 18 May 2021
One month ago, Chris Hohn, the billionaire hedge fund investor, urged investors in Royal Dutch Shell to vote against the oil major’s climate strategy. As the founding figure of the “Say on Climate” campaign, Hohn’s TCI Fund Management has enlisted global investors to press dozens of companies to set out their plans for dealing with their greenhouse gas emissions and to allow investors to regularly review the strategy. But speaking at an event last month, Hohn said it was “obvious” that shareholders should vote against Shell’s plans…
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