Shell shareholders should oust chair, says influential adviser

1 year ago 51

Pirc and Church of England back calls for investors to vote against Sir Andrew Mackenzie at AGM

An influential investment adviser has added its weight to a move to oust the Shell chair, Sir Andrew Mackenzie, at next week’s annual shareholder meeting as a row over the energy company’s climate goals intensifies.

Pirc, which advises shareholders on how to vote at annual meetings, has recommended that investors vote against Mackenzie’s re-election and oppose its annual report to “hold board members to account”.

Continue reading...
Read Entire Article