Shareholder sues Shell bosses over climate risks | 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.

_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,?

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Carol Paton | Ramaphosa's desperate energy measures have set SA up for disappointment again | BusinessOPINION | The energy crisis measures that President Cyril Ramaphosa announced in his State of the Nation Address have set SA up for disappointment, and likely won't even help the ANC end load shedding before the 2024 elections, writes politicsblahbla. politicsblahbla These only way 🇿🇦 can recover from this bad situation we are in now our leaders are stubborn clueless can't figure it out on solve I know how. politicsblahbla After the 'SONA' last night, I feel the GEPF is under threat. Why? I think there are plans to use money from there for the 'State of Disaster (loadshedding)'. That must never happen. Otherwise there will be a revolt from more than one million members and pensioners. politicsblahbla There’s a huge difference between energy crisis and electricity crisis. Energy is inclusive of oil, gas, petroleum, electricity, etc, while electricity is one source of energy. Please get it right!
Source: News24 - 🏆 4. / 80 Read more »

Engen fills up its tank with Vivo mergerAmalgamating African operations with UK-based Vivo Energy will create huge energy distribution company
Source: BDliveSA - 🏆 12. / 63 Read more »

Engen fills up its tank with Vivo mergerAmalgamating African operations with UK-based Vivo Energy will create huge energy distribution company
Source: BDliveSA - 🏆 12. / 63 Read more »

Here’s what happened in SA business this week | BusinessHere are the top 10 business stories of the week. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »

Why Business Talk is South Africa’s leading online business talk showBusiness Talk with Michael Avery is South Africa’s top online business talk show and continues to grow in popularity.
Source: BusinessTechSA - 🏆 24. / 61 Read more »