Some investors, including Amundi and Axa,are urging shareholders to support a Follow This resolution that demands Shell aligns its climate targets with the Paris Agreement.
Investors must act to protect long-term portfolio value as Shell retreats from climate commitments. Supporting resolution 23 is the only way to ensure Paris alignment.
Institutional investors are calling on peers to back a climate resolution at Shell's upcoming meeting to ensure the company aligns with Paris Agreement goals.