Nearly all shareholders of Shell voted against a resolution by action group Follow This on Tuesday. The resolution called on Shell to impose stricter environmental targets. Almost 95 percent of the cast votes were against the resolution, ANP reports.
Shell shareholders turned down an activist proposal urging the company to commit to the Paris Climate Agreement at the shareholders meeting in Scheveningen on Tuesday, were climate strategy was the main topic. This outcome meant that concrete action or measurable quotas are not deemed necessary by Shell shareholders in order to reduce emission.