Shell: investor campaigners strike blow on tar sands
Shareholders have fired another warning shot across the bows of an oil major with just under 11% of shareholder votes at today’s annual general meeting of oil giant Shell refusing to back management over the controversial Canadian tar sands issue.
See http://www.responsible-investor.com/home/article/shell_investor_campaigners/.
RBS AGM – the aftermath and the follow up
On the 28th of April, RBS held its Annual General Meeting in Edinburgh. Amidst the various motions relating to executive bonuses and a report back on the rocky road to recovery, two people raised concerns over the impact that RBS’ investments were having on indigenous communities in very different parts of the world. Eriel Tchekwie Deranger is a Dene woman from Canada, a community member of Fort Chipewyan in Canada, and a tar sands campaigner for the Rainforest Action Network. She spoke about the impact of the bank’s investments in tar sands. Film maker Simon Chambers spoke about the impact that Vedanta, part-funded by RBS, is having on tribal peoples in Orissa, the poorest state in India.
See http://blog.platformlondon.org/content/rbs-agm-aftermath-and-follow.
See also:
In the lion’s den: meeting RBS at http://www.foe-scotland.org.uk/meetingRBS.