Shareholder sues Shell bosses over climate risks | Business

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British energy giant Shell has been hit with a new lawsuit over climate change, with activist investors accusing the company's leadership of mismanaging risks to the company. | News24_Business

Carl Court/ Getty ImagesThe activist investor, ClientEarth, accuses Shell's leadership of mismanaging climate risks.For climate change news and analysis, go to British energy giant Shell has been hit with a new lawsuit over climate change, with activist investors accusing the company's leadership of mismanaging risks to the company.

"That puts the company's long-term commercial viability at risk, and also threatens efforts to protect the planet, further increasing the risk to the company."An overview of the challenges and opportunities of the climate crisis, as it changes the world we know.ClientEarth alleges the Shell board"breached legal duties" by"failing to adopt and implement an energy transition strategy that aligns with the Paris Agreement".

The giant is facing criticism over its net-zero plans from the wider environmental lobby, which accuses it of"greenwashing", or marketing a company as overly climate-friendly.

 

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_Business The chemical industry association wrote to British government they must attract investors (BP) 47% shares owned by biggest chemical rated number 1 Borealis, indeed Shell Polymer never owned by them.

_Business activist investor , inside job literally.

_Business what the hell is an activist investor ? What the hell their money there then ?

_Business Climate change activists shouldn’t use cars to airplanes …bunch of iidiots

_Business There is no climate change.

_Business Im sure they are a Dutch company .

_Business Isn't shell a Dutch company,?

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