Shell shareholders vote down resolution from climate activist group

The British company faces a 2021 landmark Dutch court ruling, which it appealed last month, ordering it to reduce its greenhouse gas emissions by 45% by 2030 from 2019 levels
Shell shareholders vote down resolution from climate activist group

Protesters outside the Shell annual general meeting at the O2 venue in London.

Shell shareholders overwhelmingly rejected a climate resolution filed by an activist group following a meeting punctuated by protests.

The vote came after Shell weakened a 2030 carbon reduction target in March, citing expectations for strong gas demand and uncertainty in the energy transition, while focusing on more profitable operations, mainly in oil and gas.

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