Shareholders backed Shell’s climate strategy in provisional voting at a meeting on Tuesday, while a proposal put forward by climate campaigners from the Follow This Group received fewer votes than in the previous year.

It followed a Dutch Court ruling in May 2021 in which it was asked to reduce its greenhouse gases emissions by 45% in absolute terms over the lifetime of its hydrocarbons by 2030.

Shell has declared its intention to net reduce greenhouse gas emissions to zero by 2050, including emissions from the fuel and products it sells.

But it has appealed the ruling, saying it can’t be held liable for clients’ emissions from the use of Shell products.

But it has appealed from a Dutch court ruling that requires it to set a previous target to cut life-cycle emissions by 45 percent by 2030 to be on track with the Paris accord.

Shell’s climate resolution received some 80 percent of the vote, up from 89 percent last year, while its preliminary results showed that Follow This scored 20 percent, up from 30 percent the previous year.

“Shell’s target to reduce the net carbon intensity of its products [Scope 3] by 20% by 2030 will not deliver absolute emission reductions to achieve the Paris goals,” Mr. van Baal said in a statement.

Ben van Beurden

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Bernardus Cornelis Adriana Margriet “Ben” van Beurden is the CEO of Royal Dutch Shell plc. Van Beurden joined Shell in 1983, (wikipedia)

Shell US

Shell USA, Inc. is the United States-based wholly owned subsidiary of Shell plc, a transnational corporation “oil major” of Anglo-Dutch origins, (wikipedia)