Shell faces shareholder challenge over climate change approach

The Guardian -------- Royal Dutch Shell faces a shareholder challenge over climate change this week, as investors insist oil and gas firms should offer more transparency and action on carbon emissions. A growing number of pension funds have backed a resolution at Shell’s AGM on Tuesday that calls on the company to set tougher carbon targets that are in line with the goals of the Paris climate deal. The proposal has been backed by the Church of England, the Dutch pension fund Aegon and, most recently, Nest, the workplace pension scheme set up by the UK government, which has £7m invested in Shell. To learn more click on the picture below to read the article.