Management proposals |
1
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Accept Financial Statements and Statutory Reports
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For
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For
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2
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Approve Remuneration Report
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For
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For
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3
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Re-elect Dick Boer as Director
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For
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For
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4
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Re-elect Neil Carson as Director
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For
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For
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5
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Re-elect Ann Godbehere as Director
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For
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For
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6
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Re-elect Sinead Gorman as Director
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For
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For
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7
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Re-elect Jane Lute as Director
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For
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For
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8
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Re-elect Catherine Hughes as Director
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For
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For
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9
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Re-elect Sir Andrew Mackenzie as Director
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For
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For
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10
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Re-elect Sir Charles Roxburgh as Director
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For
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For
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11
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Re-elect Wael Sawan as Director
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For
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For
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12
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Re-elect Abraham Schot as Director
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For
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For
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13
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Re-elect Leena Srivastava as Director
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For
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For
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14
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Re-elect Cyrus Taraporevala as Director
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For
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For
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15
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Reappoint Ernst & Young LLP as Auditors
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For
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For
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16
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Authorise the Audit and Risk Committee to Fix Remuneration of Auditors
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For
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For
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17
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Authorise Issue of Equity
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For
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For
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18
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Authorise Issue of Equity without Pre-emptive Rights
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For
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For
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19
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Authorise Market Purchase of Ordinary Shares
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For
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For
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20
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Authorise Off-Market Purchase of Ordinary Shares
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For
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For
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21
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Authorise UK Political Donations and Expenditure
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For
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For
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22
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Approve the Shell Energy Transition Strategy
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For
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For
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Shareholder proposals |
23
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Advise Shell to Align its Medium-Term Emissions Reduction Targets Covering the Greenhouse Gas (GHG) Emissions of the Use of its Energy Products (Scope 3) with the Goal of the Paris Climate Agreement
Vote rationale:
Shell's Energy Transition Strategy has evolved under the new CEO. We nevertheless believe that it sufficiently retains the core components of a Paris-aligned transition plan and those outlined by Norges Bank Investment Management's expectations on climate change. Our expectations ask for interim and net zero targets. We have encouraged Shell to make additional strategy disclosures that could reduce uncertainty about the company's direction in the mid-2030s.
Global Voting Guidelines
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Against
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Against
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