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Bloomberg: Shell to Leave Oil Lobby Group Over Climate Policy Concerns


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Bloomberg: Shell to Leave Oil Lobby Group Over Climate Policy Concerns

Business

Category: Business and Investment News

Royal Dutch Shell Plc’s position on climate change is misaligned with about half of the trade associations it’s a part of, and the disagreement with one is so severe the company will let its membership lapse next year.

The findings were issued in a first-of-its-kind report on whether the company’s association with lobbying groups is undermining its work on climate change. The report is likely to reverberate across the industry, with most of Shell’s peers also members of the same groups and already facing enormous pressure from shareholders to line up their business models with the Paris climate accord.

Read entire article HERE.

Source: Bloomberg

Published: April 2, 2019