Shell admits climate policy threat to profits

Will Nichols
clock

Oil major's 2013 Strategic Report highlights company will face project delays and higher costs unless it can reduce emissions

Perhaps fossil fuel companies are catching on to the climate change message after all. Oil giant Shell has this week followed its decision to shelve its plans to drill in the Arctic for one year by acknowledging...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

Study: Firms sensitive to rising temperatures deliver lower stock returns

Study: Firms sensitive to rising temperatures deliver lower stock returns

Researchers from University of Exeter warn financial impact of rising temperatures is being underestimated

clock 21 October 2025 • 2 min read
Europe's climate is changing fast: Here's how it is affecting people and the economy

Europe's climate is changing fast: Here's how it is affecting people and the economy

Daily life for people living in Europe is already becoming unpredictable due to the consequences of extreme weather, explains University of Salford lecturer Rosemary Anthony

Rosemary Anthony, University of Salford
clock 20 October 2025 • 4 min read
'Rising threat': Environment Agency publishes new flood resilience guidance

'Rising threat': Environment Agency publishes new flood resilience guidance

FloodReady Review and Action Plan provides recommendations and practical steps for enhancing property flood resilience measures

clock 17 October 2025 • 2 min read