Shell AGM: Climate activists storm shareholder meeting

1 year ago 32

Protesters extracurricular  Shell AGMImage source, Reuters

Image caption,

Protesters had gathered extracurricular earlier the gathering had adjacent begun

By Vishala Sri-Pathma

Business reporter

Climate protesters stormed Shell's yearly shareholder gathering successful London, with information having to measurement successful to support committee members.

Proceedings were delayed arsenic the protesters ran to the beforehand of the country wherever executives were sitting connected stage.

Chairman Sir Andrew Mackenzie was forced to intermission his opening code arsenic individuals yelled "Shut down Shell".

The disruption meant the gathering struggled to get nether mode arsenic protesters were removed by security.

Campaign groups are looking to ramp up the unit connected Shell and different vigor companies to align their clime targets to perpetrate to implicit c emissions cuts by 2030 and absorption much resources towards renewables.

Groups gathering extracurricular the capitalist lawsuit see Christian Climate Action, a subdivision of Extinction Rebellion; Catholic protestation radical Laudato Si' Movement; and Quakers for Climate Justice.

The protesters were allowed successful the country due to the fact that of their concern successful the company. Known arsenic activistic shareholders, these groups bargain shares successful companies to enactment unit connected its management.

In February, Shell reported profits of $39.9bn for 2022, treble the erstwhile year's full and the highest successful its 115-year history.

While the leap successful lipid and state prices pursuing the commencement of the warfare successful Ukraine led to large profits for vigor companies, it besides fuelled a emergence successful vigor bills for households and businesses.

Proceedings, which were owed to commencement astatine 10:00, did not get nether mode until good past 11:00 amid waves of disruption from these activists.

Shortly aft the gathering began, a choir of protesters began a opus to the tune of Hit The Road Jack, singing: "Go to hellhole Shell and don't you travel backmost nary more."

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