Article 5X43C Shell directors sued for ‘failing to prepare company for net zero’

Shell directors sued for ‘failing to prepare company for net zero’

by
Damien Gayle
from on (#5X43C)

Environmental law organisation ClientEarth brings action and urges other shareholders to join

The directors of Shell are being sued for failing to properly prepare the multinational oil and gas company for net zero.

In what is thought to be a first-of-its-kind action, the lawsuit brought by activist shareholders claims that Shell's 13 directors are personally liable for failing to devise a strategy in line with the Paris agreement, which aims to limit global heating to below 2C by slashing fossil fuel emissions.

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