Illustration; Source: Shell
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Shell says derivative action attempt against its board over climate risk has ‘no merit’

Transition

After ClientEarth, an environmental law charity, announced plans to take the board of directors of the UK’s oil and gas giant Shell to court over what it describes as “failing to move away from fossil fuels fast enough,” the oil major has denied the allegations made against its board, vowing to oppose the derivative claim application.

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