Shell to Accelerate Emissions Cuts After Dutch Court Ruling
- Carbon reductions must be ‘purposeful and profitable’
- Dutch court ruled Shell must cut 45% of emissions by 2030
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Royal Dutch Shell Plc will accelerate its carbon-emission cuts following a Dutch court ruling last month that said the company’s climate plans weren’t sufficient.
The oil and gas giant still expects to appeal the verdict and believes it has been unjustly singled out, Chief Executive Officer Ben van Beurden said Wednesday. However, the company also feels “determination to rise to the challenge” posed by the ruling, he said.