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Pressure on BP and Shell over executive pay

Michael Klimes: 08 May 2017

“We recognise that BP have taken action to reduce executive pay and link incentives more closely with carbon reduction targets, which is positive in our view, but we’re looking into whether it goes far enough. We’re more concerned about the lack of similar progress at Shell. It’s important to us that we’re reflecting all our members’ needs as best as possible so we welcome them raising issues with us.”

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