Shell urges shareholders to accept climate change resolution at AGM

Oil and gas business Shell has written to shareholders to recommend they support a resolution at its AGM requiring more transparent reporting on its exposure to climate change.

Over 145 investors, including the Environment Agency, local authorities in the UK and US and the Church of England filed the resolution, which was coordinated by lawyers at ClientEarth, with support from investment NGO ShareAction and the Aiming for A Coalition, which includes investors brought together by investment management firm CCLA. 

The resolution asks Shell to report on: its ongoing operational emissions management; the resilience of its assets to post-2035 climate and energy scenarios outlined by ...

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