Shell To Tie Executive Bonus Pays With Energy Transition Goals ...Middle East

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Shell To Tie Executive Bonus Pays With Energy Transition Goals
source : OILPRICE ( Middle East ) () 25
Oil and gas supermajor Shell is set to tie the bonuses for its top executive directors more closely to the group's performance in reaching its net-zero goals, if shareholders approve the plan at the annual general meeting in May, Reuters reported on Monday. Two years ago, Shell became the first supermajor to set short-term emission reduction targets and link these targets with executive pay, yielding to growing investor pressure about establishing short-term emission goals. Since then, Shell and other European majors, including BP, Total, Repsol,…

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