Posted by John Donovan: 17 Jan 24
Once upon a time, in the magical world of Big Oil, Shell faced a rebellion not from environmentalists, but from its own shareholders. Yes, you heard it right! The company known for its gentle, loving embrace of the environment is being asked by its investors, including the UK’s biggest pension scheme, to set bigger emissions targets. It’s like asking a dragon to be vegan, but hey, miracles can happen!
Twenty-seven investors, clearly in a moment of climate-conscious epiphany, have backed a resolution by the daring Dutch activists at Follow This. Their mission? To get Shell to align with the Paris Agreement. Mark van Baal, founder of Follow This, must feel like David facing Goliath, except this Goliath wears a suit and loves oil more than cookies. read more
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