Gilead Stock – Shell to seek ways to deepen carbon cuts following court ruling -CEO
LONDON (Reuters) – Royal Dutch Shell will seek ways to accelerate its energy transition strategy and deep greenhouse gas emission cuts following a Dutch court ruling last month, CEO Ben van Beurden said on Wednesday.
“For Shell, this ruling does not mean a change, but rather an acceleration of our strategy,” van Beurden said in a LinkedIn post https://www.linkedin.com/pulse/spirit-shell-rise-challenge-ben-van-beurden.
“Now we will seek ways to reduce emissions even further in a way that remains purposeful and profitable. That is likely to mean taking some bold but measured steps over the coming years.”
The May 26 Dutch court ruling ordered Shell to drastically deepen planned carbon emission cuts in a landmark ruling that could trigger action against energy companies around the world.
(Reporting by Ron Bousso, editing by Louise Heavens)