Shell has been dropped from the Dow Jones Sustainability Index. The Anglo-Dutch oil company says it does not know why this has happened. The company has always been included in the ranking since the index was introduced in 1999.
The list includes firms deemed to be among a particular branch’s top 10 percent most sustainable companies. This year, Shell fell well short of the threshold.
Shell spokesman Peter van Boesschoten says: “We are still trying to identify the reasons behind the decision.”