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Shell shareholders overwhelmingly support energy transition plan

imageStock Markets30 minutes ago (May 18, 2021 07:21AM ET)

(C) Reuters. FILE PHOTO: The logo of Royal Dutch Shell is seen at a petrol station in Sint-Pieters-Leeuw, Belgium January 30, 2019. REUTERS/Yves Herman/File Photo

LONDON (Reuters) – Royal Dutch Shell (LON:RDSa) shareholders overwhelmingly supported the company’s energy transition strategy in a vote at its annual general meeting, the company said on Tuesday.

According to a tally of most votes, the resolution won 88.74% of votes.

Shareholders also rejected by a vote of 69.53% a second climate resolution filed by activist group Follow This urging Shell to set more “inspirational” greenhouse gas emissions reduction targets.

Shell shareholders overwhelmingly support energy transition plan

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