Activist Investors Are Suing Shell Board for Failing on Fossil Fuel Transition

A group of activist investors sued Shell’s board of directors on Wednesday for failing to “deliver the reduction in emissions that is needed to keep global climate goals within reach.” ClientEarth, an environmental law charity and institutional investor in Shell, described the case as the first time a company board is facing a shareholder lawsuit for inadequately preparing to transition away from…

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This post was originally published on Latest – Truthout.