- Flash flooding kills three in northern Thailand
- Kaur leads India to victory over Pakistan in Women's T20 World Cup
- Juventus held by Cagliari after late penalty drama
- In France's Marseille, teen 'stabbed 50 times' then burned alive
- Ruthless Gauff beats Muchova in straight sets to win China Open
- India restrict Pakistan to 105-8 in Women's T20 World Cup
- England target repeat of Pakistan Test whitewash
- Penrith Panthers win fourth straight NRL title after downing Storm
- Weary Sinner happy for day off after battling into Shanghai last 16
- Pakistan's Masood warns England still a force without Stokes
- Madrid's Carvajal to miss several months after serious knee injury
- Two elephants die in flash flooding in northern Thailand
- Sabalenka targets world number one and Wuhan hat-trick
- Tunisia votes with Saied set for re-election
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- Ohtani magic powers Dodgers over Padres in MLB playoff thriller
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- Vietnam's young coffee entrepreneurs brew up a revolution
- Trump rallies at site of failed assassination: 'Never quit'
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- Miami on track for MLS record points after win in Toronto
- Monaco take top spot in Ligue 1 with win at Rennes
- Madrid beat Villarreal to level Liga leaders Barca
- Thuram treble fires Inter past Torino and up to second
- 'Fight': defiant Trump jets in to site of rally shooting
- Mexico City's new mayor sworn in with pledges on water, housing
- Israel on alert ahead of Hamas attack anniversary
- Guardians maul Tigers in MLB playoff series opener
- Macron criticises Israel on Gaza, Lebanon operations
- French rugby player whistled but 'serene' on return amid ongoing rape case
- Retegui hat-trick fires five-star Atalanta to hammering of Genoa
- Heavyweights Australia, England off to World Cup winning starts
- Visiting UN refugee agency chief decries 'terrible crisis' in Lebanon
- Spinners come to party as England defeat Bangladesh at T20 World Cup
- Search continues for missing in deadly Bosnia floods
- Man City sink Fulham to get title bid back on track
- France's Auradou whistled on Pau return in Perpignan loss amid ongoing rape case
- A 'forgotten' valley in storm-hit North Carolina, desperate for help
- Arsenal hit back in style after Southampton scare
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- Liverpool stay top of Premier League as Arsenal, Man City win
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Church of England joins shareholder revolt on Shell climate goals
The Church of England Tuesday said it will vote against a "green" transition plan proposed by energy giant Shell, joining other minority shareholders in calling for more ambitious carbon-cutting targets.
The CoE Pensions Board made its position known ahead of Shell's annual general meeting (AGM) due May 23, noting its dissatisfaction also with BP, another British oil and gas major.
"We do this with genuine regret at the short-term path the (Shell) company appears to be choosing," Adam Matthews, chief responsible investment officer at the Church of England Pensions Board, wrote in The Telegraph newspaper.
"The recent announcements by BP that it is weakening its climate targets, and the none too subtle hints from Shell... that it is likely to do something similar, signals that the lure of short-term profit maximisation is trumping the long-term sustainability of these companies and of our planet," he added.
Energy giants are seen curtailing their plans as fossil fuels remain in strong demand.
In addition to voting against Shell's plan, the CoE will back a resolution put forward by activist investor group Follow This that calls for more ambitious targets by the company on cutting carbon emissions.
"Through our vote at Shell's AGM we are sending a signal about the importance we assign to the low-carbon transition," said Matthews.
In response, Shell defended its action on transitioning to a greener company and hit out over CoE's stance.
"Shell and the Church of England Pensions Board have worked together as partners on the energy transition for almost a decade," it said in a statement.
"We... strongly disagree with the Pensions Board's changed position."
Shell added that its strategy "to become a net zero energy company by 2050 or sooner" remained unchanged.
G.Machado--PC