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Shell Reportedly Asked to Provide More Details on Climate Targets
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Shell Reportedly Asked to Provide More Details on Climate Targets
May 17, 2024 2:09 PM

04:36 PM EDT, 05/17/2024 (MT Newswires) -- Shell (SHEL) is being asked by Norway's sovereign wealth fund to provide investors with more information about its climate targets, according to media reports.

Norge Bank Investment Management said in a statement it would ask the oil major for more information, but will not back a shareholder proposal that calls for more aggressive climate actions.

Shell has scheduled its annual general meeting for May 21, according to the reports.

The government pension fund did immediately return a request for comments by MT Newswires.

Price: 71.93, Change: +0.01, Percent Change: +0.01

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