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Sustainability resolution fails at Shell

A shareholder proposal requiring Shell to address declining oil and gas demand received just 13% support, despite 21 investors co-filing.

BNPP AM Alts, Shell and BII back $53m farmer-focused carbon finance vehicle

A vehicle to reduce methane in smallholder farms has been launched with $53 million in backing from BNP Paribas Asset Management Alts, British International Investment and Shell Foundation.

BP and Shell hit with climate proposal filed by $1.5trn investor group

Shareholders demand Shell provides LNG transparency

Investor hesitation to back climate proposals leads shareholders to shelve resolutions

Shareholder group Follow This has, for the first time since 2016, abandoned plans to file a climate-related resolution with oil and gas majors, as it blamed "investor hesitation" to back such proposals on US attacks on shareholder democracy.

Oil and gas giants' climate opacity keeps investors in the dark, CA100+ assessments show

The poor quality of climate disclosures by the 10 largest oil and gas companies globally is keeping investors in the dark and hindering their engagement efforts, analysis for the Climate Action 100+ initiative suggests.

Lightrock leads $50m funding round for AI and satellite climate-resilience SaaS

Shell 'in denial' about global transition, warns PIRC

Shell is "in denial" about the global transition to net zero, proxy advisor PIRC told Environmental Finance following the oil giant's rowback on fossil fuel production targets.

Scope 3 resolution fails to make progress at Shell's AGM

Oil giant Shell suffered another investor revolt over its climate plans at its AGM, but the rebellion failed to grow in size compared with the previous year.

CA100+ investors to back shareholder resolution at Shell

Shareholders at oil giant Shell have announced plans to back a shareholder resolution at its upcoming annual general meeting pressuring the company to address climate risks.