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Activist investor ramps up pressure on Shell to act on climate change


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By Karolin Schaps London (Reuters) - Oil major Royal Dutch Shell is facing rising pressure from shareholders to shield its business from climate change threats and to play a bigger role in lowering global carbon emissions. Activist shareholder group Follow This, representing some of Shell's retail shareholders, will put forward a resolution at next year's annual shareholder meeting requesting Shell to set targets for annual greenhouse gas emissions reductions, its founder told Reuters.

 

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