Shell faces Tar Sands quiz

Shell will be asked to justify its involvement in the controversial Tar Sands oil extraction project later this year following the involvement of 142 investors who have co-filed a shareholder resolution for the company’s AGM in May.

The oil sands are the second largest oil resource in the world comprising some 173Bn barrels in …… continue reading >>

Manifest publishes Total Remuneration Survey 2009

Manifest’s annual review of executive remuneration trendshas now been published and has received a positive response from a variety of market commentators including Robert Peston for BBC’s News at 10 and the BBC World Service’s European Business News.

 This year’s survey has been extended to included pensions data as well …… continue reading >>

The Economist: Muck, Brass and Spleen

An oil giant’s shareholders flex their muscles

MOST firms’ annual general meetings (AGMs) owe more to North Korea than ancient Greece. By long-standing tradition, bosses make platitudinous speeches, listen to lone dissidents with the air of psychiatric nurses towards patients and wait for their own proposals to be rubber-stamped by the …… continue reading >>

Manifest in the press: Guardian, FT

The Financial Times The Shell No vote was the second biggest against a UK company’s remuneration report this year, topped only by the 80 per cent of votes cast against Royal Bank of Scotland, according to Manifest, the voting agency. Link >> The Guardian …… continue reading >>

Shell set to clash with investors

It is only a few weeks since BP clashed with its shareholders about pay for its top executives at its annual meeting. Now Royal Dutch Shell appears to be heading in the same direction….

….  it will be the second year the Shell board has clashed with shareholders over pay. Last year, they …… continue reading >>

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