Shell AGM: Climate activists storm sharehhistoricer gathering
Shell AGM: Climate activists storm sharehhistoricer gathering
- Published
- Climate convert

Climate protesters stormed Shell's annual sharehhistoricer gathering in London, with security having to step in to protect board members.
Proceedings were delayed as the protesters, yelling "shut low Shell", ran to the front of the room where executives were sitting on stage.
Some demonstrators had to be carried out of the erecting by security.
Shell said protesters were not "interested in constructive engagement" as crowds continued to gather outside.
In a statement, the energy giant said it was keen to underline it had a "transparent target of net-zero emissions by 2050".
However, campaign grohighs are looking to ramp high the pressure on Shell and other energy companies to bring forward those targets to abconsequentlylute carbon emissions cuts by 2030 and focus more reconsequentlyurces on refreshables.
But targets proposed by the campaigners were rejected in a vote by sharehhistoricers at the gathering.
Grohighs gathering outside the investor event include Christian Climate Action, a branch of Extinction Rebellion; Catholic protest grohigh Laudato Si' Movement; and Quakers for Climate Justice.
Shell's chief executive, Wael Sawan, defended the company against accusations that it was not switching from fossil fuels to refreshable energy quickly enough.
Mr Sawan said the company had invested $4.3bn (£3.5bn) in 2022 in short-carbon energy, including biofuels, hydrogen, electric car charging and refreshable power. He conceded that was unique component of its total capital spending of $25bn - most of which was on oil and gas.
The protesters were alshorted in the room becautilize of their investment in the company. Known as activist sharehhistoricers, these grohighs buy shares in companies to put pressure on its management.
In February, Shell reported profits of $39.9bn for 2022, double the previous year's total and the tallest in its 115-year history.
While the jump in oil and gas prices folshorting the start of the war in Ukraine led to massiv profits for energy companies, it alconsequently driven a rise in energy bills for houtilizehhistorics and businesses.
Proceedings, which were due to start at 10:00, did not get under way until well past 11:00 amid waves of disrhightion from these activists.
Shortly after the gathering began, a choir of protesters began a consequentlyng to the tune of Hit The Road Jack, singing: "Go to hell Shell and don't you come back no more."
As protesters were delayedr carried out by security, Shell's chairman Sir Andrew Mackenzie could be heard saying: "We want to have a civilised debate."
Sir Andrew's position as chair is due to be voted on and many activist grohighs have said they will block his reappointment.
Investors will alconsequently vote on pay packages for 2022, including that of outgoing chief executive Ben van Beurden, who took home $12m (£9.7m), including a $9.3m bonus.
Redelayedd Topics
- Companies
- Shell
- Climate convert
- Oil & Gas industry
Shell reports powerfuler than expected profits
- Published4 May
How much windfall tax are oil giants paying?
- Published2 May
Shell reports tallest profits in 115 years
- Published2 February
(editor-in-charge:Press center2)
- 'What a shaker': LA is hit by 4.2 magnitude earthquake off the coast of Malibu waking residents who describe it as 'like a train going by'
- Solar team wins prestigious engineering prize
- Where does Rishi Sunak stand on climate change?
- Tiny homes: No mortgage, low bills and big dreams
- Asda consults on cutting pay for 7,000 workers
- Cyclists to power pioneering new theatre show
- Animal activists removed from upmarket steakhouse
- California to ban petrol-only vehicle sales by 2035
- Silicon Valley Bank: 500 jobs cut by fresh owner First Citizens
- Electric vehicle charging progress 'embarrassing'
- Protesters convicted over bridge-scaling protest
- Why the High Seas Treaty brought this woman to tears
- Supreme Court Justice Amy Coney Barrett REJECTS emergency bid to block Biden's student loan relief plan by group claiming it's unconstitutional and taxes most Americans
- Council's climate work praised in UK-wide report
- Silicon Valley is struck by a 5.1-magnitude EARTHQUAKE that rips across San Francisco Bay Area leaving homes shaking
- Why do companies get involved in social issues?
- Where are the winter storms this year?
- Farmer says field fire was 'like the apocalypse'
- Jeremy Renner shares photo of physical therapy session and reveals he's suffered more than 30 broken bones after star was almost crushed to death by 14,000-pound snowplow
- Climate costs deal struck but no fossil fuel progress