his is the first case in the world that seeks to hold a corporation’s board liable for failing to prepare for a net-“This will tie the company to projects and investments that are likely to become unprofitable as the world cleans up its energy systems. 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,” the statement.
“The future consequences of Shell’s flawed climate plans could cause the company’s value to plummet, costing jobs and running the risk of shareholders and investors losing significant amounts of money, including people’s pension funds.”Shell rejected the allegations that the board has not worked in the company’s best interests. “ClientEarth’s attempt...
They Are A Hole Digging Company ; Boring. Tons Of Money, because Tons Of Rock Metal Dirt Oil Earth _ commodities pulled from this world and used to enslave $₽¥€¢£₩ so there’s [that]
Is too strange that a 'petroleum company' is thinking about petroleum, It might be a trauma. I'm sure they are hiding something.
But Fossil fuel is shell in a nutshell!
Don't know if I buy this one. Shell has a responsibility to the share holders to make money, pure and simple. Most ppls 401s and pensions have oil stocks. Sell your stock and get off the grid if you really care about the environment. Live like a caveman if u really care.
Coke is way too focused on coke too
Yes, it will be the doom of many oil companies to be holding onto the past. A good number have started diversifying their energy portfolio, investing in biofuel tech, solar, wind and tidal energy sources. They don't want to become fossils themselves.
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Source: Reuters - 🏆 2. / 97 Read more »