Climate protesters stormed Shell’s annual shareholders’ meeting in London, with security forces intervening to protect board members.
The proceedings were delayed as protesters ran to the front of the room where executives sat on the stage.
Chairman Sir Andrew Mackenzie had to interrupt his opening speech when some chanted ‘close shell’.
The disruption made it difficult for the gathering to begin as the protesters were removed by security.
Campaign groups want to increase pressure on Shell and other energy companies to adjust their climate targets to commit to absolute reductions in carbon emissions by 2030 and focus more resources on renewable energy.
Groups meeting outside of the investor event include Christian Climate Action, an offshoot of Extinction Rebellion; Catholic protest group Laudato Si’ Movement; and Quakers for Climate Justice.
Because of their investment in the company, the protesters were allowed into the room. Known as shareholder activists, these groups buy shares in companies to put pressure on management.
In February, Shell reported 2022 earnings of $39.9 billion, double the previous year’s figure and the highest in its 115-year history.
While the rise in oil and gas prices after the start of the war in Ukraine resulted in big profits for energy companies, it also resulted in higher energy bills for households and businesses.
The trial, which was supposed to start at 10:00 a.m., didn’t start until well after 11:00 a.m. due to the constant disruption caused by these activists.
Shortly after the rally began, a chorus of protesters began a song to the tune of “Hit The Road Jack” and chanted, “Go to hell, Shell, and don’t come back.”
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