Danish pension companies endorsed Shell's climate plan before Dutch court rejection
Five Danish pension companies voted, much like the majority of Shell's shareholders, to approve the oil company's climate plan shortly before a Dutch ruling rejected it. The burden of proof is now on oil companies that have to show that they are on the right side of the Paris Agreement, according to Danish pension provider PFA.
BY SØREN PICO, SHIPPINGWATCH
Just nine days before a Dutch court rejected Shell's climate plan, five Danish pension companies approved the oil company's green ambitions.
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