The activist shareholder group Follow This has withdrawn a motion that was set to be debated at Shell's next year after the company drew up new plans for its emissions targets. The group said it was giving Shell breathing space to implement the plans followings talks with six institutional investors. Follow This, which is also targeting BP, ExxonMobil, Equinor and Chevron with similar measures, has been applying sustained pressure on the firm to improve its environmental efforts.
The activist shareholder group Follow This has withdrawn a motion that was set to be debated at Shell's next AGM after the company drew up new plans for its emissions targets. The group said it was giving Shell breathing space to implement the plans followings talks with six institutional investors. Follow This, which is also targeting BP, ExxonMobil, Equinor and Chevron with similar measures, has been applying sustained pressure on the firm to improve its environmental efforts.