Environmental law charity claims energy firm cannot achieve net zero goal with current transition plan
An environmental law charity has lost an attempt to revive a lawsuit against Shell over its climate strategy after the high court in London refused permission to bring a case against the energy company.
ClientEarth, which holds 27 shares in Shell, argues that the company cannot achieve its aim of net zero carbon emissions by 2050 with its current climate transition strategy, and its directors are therefore breaching their duties to shareholders.
