Activist investor ramps up pressure on Shell to act on climate change

By Karolin Schaps London (Reuters) - Oil major Royal Dutch Shell is facing rising pressure from shareholders to shield its business from climate change threats and to play a bigger role in lowering global carbon emissions. Activist shareholder group Follow This, representing some of Shell's retail shareholders, will put forward a resolution at next year's annual shareholder meeting requesting Shell to set targets for annual greenhouse gas emissions reductions, its founder told Reuters.