Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘June 2nd, 2018’

Shell climate ambition snubbed by seven out of eight largest Dutch insurance firms

Seven out of eight of the Netherland’s largest insurance companies snubbed Shell’s climate ambition by abstaining or voting with a fringe group’s resolution.

Written by

Only one insurer, Allianz, voted against the resolution put forward by shareholder activist group, Follow This, who are calling for Shell to align its targets with the Paris Climate Agreement at its most recent AGM.

The three insurers based in the Netherland’s who voted for the resolution, Vivat, NN and Aegon, represent more than £850 million in investment.

APG, Achmea IM and Achmea Own abstained from the vote, Allianz rejected the resolution, while ASR closed Shell of investments for sustainability reasons. read more and its sister websites,,,,, and are all owned by John Donovan. There is also a Wikipedia article.
%d bloggers like this: