Shell's Strategic Shift Leading to Weaker Climate Ambitions and CEO's $10 Million Pay

Thursday, 14 March 2024, 11:24

Shell's recent announcement of a new carbon intensity target aligns with a strategic change, indicating a slowdown in growth in power sales. The appointment of a new CEO receiving a $10 million pay package highlights the company's mixed approach to addressing climate concerns amidst corporate decisions focused on financial rewards.
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Shell's Strategic Shift Leading to Weaker Climate Ambitions and CEO's $10 Million Pay

Shell's Climate Ambitions Shift

The oil major's new carbon intensity target reflects a strategic change in focus.

CEO's Pay Package

The appointment of a new CEO with a $10 million pay package raises questions amidst environmental concerns.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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