Shell, in contrast to BP, allows AGM vote on Follow This climate resolution

Shell will let shareholders vote on a climate resolution proposed by activist investor group Follow This at its annual general meeting, while recommending against it. The news is procedural rather than financial, with limited immediate market impact, but it highlights ongoing shareholder pressure around Shell’s climate strategy and governance.

Analysis

Shell will let shareholders vote on a climate resolution proposed by activist investor group Follow This at its annual general meeting, while recommending against it. The news is procedural rather than financial, with limited immediate market impact, but it highlights ongoing shareholder pressure around Shell’s climate strategy and governance.