Shell - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org Let No Man Take Your Crown Thu, 09 Feb 2023 23:12:16 +0000 en-US hourly 1 https://www.garnertedarmstrong.org/wp-content/uploads/2024/05/cropped-Screen-Shot-2024-05-16-at-1.06.13-PM-32x32.png Shell - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org 32 32 Shell’s board of directors sued over ‘flawed’ climate strategy in first-of-its-kind lawsuit https://www.garnertedarmstrong.org/shells-board-of-directors-sued-over-flawed-climate-strategy-in-first-of-its-kind-lawsuit/?utm_source=rss&utm_medium=rss&utm_campaign=shells-board-of-directors-sued-over-flawed-climate-strategy-in-first-of-its-kind-lawsuit Thu, 09 Feb 2023 23:12:16 +0000 https://www.garnertedarmstrong.org/?p=43471 Shell’s board of directors are being personally sued over their alleged failure to properly manage risks associated with the climate crisis. The lawsuit says the British oil giant’s 11 directors have breached their legal duties under the UK’s Companies Act … Read More

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]]> Shell’s board of directors are being personally sued over their alleged failure to properly manage risks associated with the climate crisis.

The lawsuit says the British oil giant’s 11 directors have breached their legal duties under the UK’s Companies Act by failing to bring their climate strategy in line with the Paris Agreement.

Environmental law charity ClientEarth, which filed the lawsuit, says it is the first case in the world that looks to hold corporate directors personally responsible for failing to prepare for the energy transition.

“Shell may be making record profits now due to the turmoil of the global energy market, but the writing is on the wall for fossil fuels long term,” says Paul Benson, a senior lawyer at ClientEarth.

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Source: https://www.euronews.com/green/2023/02/09/shells-board-of-directors-sued-over-flawed-climate-strategy-in-first-of-its-kind-lawsuit

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The post Shell’s board of directors sued over ‘flawed’ climate strategy in first-of-its-kind lawsuit first appeared on Garner Ted Armstrong Evangelistic Association.

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