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Shell urged to drop appeal over landmark climate ruling

REUTERS

Shell urged to drop appeal over landmark climate ruling

By : 2 MIN READ: JUNE 24, 2021

LONDON (Reuters) – A Dutch activist group that won a legal battle against Royal Dutch Shell over its climate strategy has urged the company to ditch its appeal and hold joint talks on how to reduce its emissions, according to a letter seen by Reuters.

Shell CEO Ben van Beurden said the company planned to appeal the ruling but that the Anglo-Dutch company would also accelerate its energy-transition strategy and deepen emission cuts.

The court ruling came amid mounting pressure from investors and activist groups on the world top oil companies including Exxon Mobil to tackle their emissions.

In the letter sent on Thursday, Friends of the Earth Netherlands called on Shell not to appeal against the ruling.

“It is important to act swiftly and not to wait for legal proceedings to finish. We have very little time left to turn the tide,” the group said in the letter addressed to van Beurden.

“We are convinced that it is in everyone’s interest – especially that of the climate – to avoid an appeal.”

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