In this landmark ruling, Shell have been ordered to cut emisions by 45% before 2030 based on 2019 levels. This is a stark warning to companies that sustainability is no longer a "nice to have", but a real risk to operating.
On the same day Exxon Mobil loses board seats to activist hedge fund.
Exxon loses board seats to activist hedge fund in landmark climate vote | Reuters
We have reached the tipping point; companies can no longer ignore sustinability. Our time is now, let's build back ever better.
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A Shell spokesperson said: “Urgent action is needed on climate change which is why we have accelerated our efforts to become a net-zero emissions energy company by 2050, in step with society, with short-term targets to track our progress.
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