Shell defends climate strategy in clash with investors

This article discusses how Shell is attempting to improve its image and give the appearance of helping stop climate change.

A climate activist shareholder group, called “Follow This, put forward a resolution that will be voted on at Shell’s annual general meeting next month urging it to set more aggressive targets aligned with the Paris Climate Agreement goal of limiting global warming to “well below” 2 degrees Celsius.

“I don’t think a 50 percent reduction of CO2 emissions footprint in 2050 meets the Paris climate agreement,” Mark van Baal, founder of Follow This, told Reuters. “Shell uses these ambitions to do business as usual in the next decades.”

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