Shell to cut carbon and link to pay

Shell is planning to reduce carbon emissions from its operations and sales by 2 per cent to 3 per cent by 2021 relative to 2016.

The carbon targets will also be linked to executive pay, following the examples of BP and Chevron and will directly affect the remuneration of 150 executives this year, and the programme will be widened to 16,000 employees next year.

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