Written by Allister Thomas –
The UK Government has said it will encourage other oil and gas firms to follow Shell in linking executives’ pay packs to climate targets.
Earlier this week the energy major announced an unprecedented move to link remuneration to reducing its carbon footprint.
Climate groups widely welcomed the action, as Shell aims to make a 20% reduction by 20135 and 50% by 2050.
Starting in 2020, Shell will set the target each year, for the following three or five-year period.
In the House of Lords yesterday, the Bishop of St Albans, Alan Smith, asked about efforts to encourage more oil and gas firms to follow suit.
He said the announcement was welcome, but it comes following “years of investor pressure”.
Lord Henley, parliament under-secretary for the Department for Business, Energy and Industrial Strategy (BEIS) said the government will encourage further work along these lines, but the decision is up to individual firms.
He said: “We do believe it’s important that executive pay should be a matter for the companies involved. That’s why we leave it to them but why we also gave powers to shareholders in 2013 to insist that they can have a binding vote on directors’ remuneration policy.
“The government though, in terms of striving to meet carbon reduction targets, will continue to encourage others to do the same but it must be a matter for the companies.”
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
