1. Shell Investors Vote Down Global-Warming Proposal

    Shell Investors Vote Down Global-Warming Proposal

    THE HAGUE--Royal Dutch Shell PLC RDSB shareholders voted down Tuesday a proposal requiring the company align its strategy with efforts to limit global warming, signaling support for steps the company has already taken on climate change. The resolution, put forward by Dutch activist shareholder group Follow This, won just 5% of the shareholder proxy vote...

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    1. The ambition we've set is a very, very significant effort.
    2. We applaud the ambition stated...and indeed challenge all other oil-and-gas companies to follow suit; but we call for this ambition to be translated into firm medium- and short-term targets.
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