Church Of England Loses Faith In Shell’s Climate Plans ...Middle East

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Church Of England Loses Faith In Shell’s Climate Plans
source : OILPRICE ( Middle East ) () 50
The Church of England (CofE) will vote against the reappointment of all directors at upcoming AGMs – starting with Shell later this month – in response to a perceived lack of progress over climate change objectives. The Church Commissioners, which manages the CofE’s £10bn endowment fund, will vote to oust Shell’s chief executive Wael Sawan and chairman Sir Andrew Mackenzie at the energy giant’s upcoming shareholder meeting on May 23. It will showcase similar defiance at rival AGMs including Exxon, Occidental…

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