Shell Shareholders Reject Green Resolution at Annual Meeting
Shell shareholders voted against a climate-related resolution at the company's annual general meeting. Only 13 percent of votes supported the measure, which had been proposed by a green campaigner.
newrepublic.comShell shareholders rejected a climate resolution at the company's annual general meeting. The measure received support from 13 percent of votes cast. A green campaigner had submitted the proposal for consideration.
BP faced a shareholder revolt at its own annual meeting several weeks earlier after declining to allow a similar resolution. Shell permitted the resolution to be tabled. The different outcomes at the two companies illustrate contrasting approaches to handling shareholder proposals on environmental issues.
Key Facts
Story Timeline
2 events- Recent weeks
BP declined to allow a similar climate resolution at its annual meeting.
1 source@JavierBlas - Today
Shell shareholders voted on a green resolution at the annual general meeting.
1 source@JavierBlas
Potential Impact
- 01
Shell management faces continued pressure from environmental groups on climate policy.
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