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Shareholders urge Shell to set tighter climate targets

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A Shell petrol station is seen in the town of Klimovsk outside Moscow, March 9, 2022. [AFP]

A group of 27 investors that own around 5% of Shell's shares has co-filed an independent resolution urging the energy company to set tighter climate targets, the biggest such drive to date.

The resolution, led by the activist shareholder organization Follow This, will be brought to a vote at Shell's annual general meeting later this year.

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