Shell gas station, Location unknown

A British court dismissed a lawsuit that accused Shell's leadership of mismanaging climate risks to the oil giant on Monday, but the activist investor group that brought it plans to appeal.

Corporations have faced a growing number of climate-related lawsuits in recent years as they come under pressure to step up efforts to curb global warming.

Shell was already ordered by a Dutch court in 2021 to slash its greenhouse gas emissions by 45 per cent by the end of the decade after it was sued by environmental groups.

This time, ClientEarth, an environmental law NGO and a minor Shell shareholder, filed in February a lawsuit in the High Court of England and Wales against Shell bosses "for failing to manage the material and foreseeable risks posed to the company by climate change".

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