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One thing that could be driving this is the rise of Environmental, Social, and Governance (ESG) investing in the UK, and across the EU, due to regulatory change
by icu 6y ago
One thing that could be driving this is the rise of Environmental, Social, and Governance (ESG) investing in the UK, and across the EU, due to regulatory changes.
I wouldn't be surprised if Shell's management are aware of ESG pressure from institutional investors.
- LatteLazy 6y agoThat's true and I hadn't thought of that angle at all. If it saves them from investor divestment for another 6 months it's a steal! /cynicism