A coalition of funds managing over $4 trillion in assets, including Europe's largest asset manager Amundi and 26 other investors, has teamed up with climate activists to increase pressure on Royal Dutch Shell to cut its greenhouse gas emissions. The group of 27 investors has co-filed a new climate resolution ahead of Shell's AGM. Shell is set to appeal a landmark climate ruling in April that mandated the company to reduce its emissions, with environmental groups accusing the company of backtracking on climate commitments. Concurrently, ING is facing a potential legal challenge from the same climate group that won the case against Shell.
Climate campaigners who took Shell to court and won now have ING in their sights https://t.co/wZeYy9902G
ING faces threat of legal action from climate group behind Shell case https://t.co/hF97009cIG
Shell’s Appeal of Landmark Climate Ruling to Begin in April Company seeks to overturn court-mandated emissions cuts Environmental groups accuse Shell of backtracking on climate #oott https://t.co/BV7LcgfAVO
Daily Briefing | Shell under fire from Europe’s largest asset manager over climate policy ➡️ https://t.co/OA2noKj2Ld https://t.co/MRt4oQ4Pmf
Amundi and 26 investors challenge Shell's climate policy at AGM, urging stronger targets https://t.co/FX6i2PYQB3 https://t.co/eonJ2d0f7I
Group of 27 Shell investors co-file new climate resolution #oott https://t.co/wytA5h8j5e
Funds managing more than $4 trillion of assets have joined forces with climate activist to intensify the pressure on Shell to slash its greenhouse gas emissions https://t.co/43zxBfZQ5E