'This is the stark reality of climate injustice': Record Shell profits attract scathing criticism from green groups

Michael Holder
clock • 4 min read
Greenpeace activists targeted Shell's London headquarters this morning | Credit: David Mirzoeff / Greenpeace UK
Image:

Greenpeace activists targeted Shell's London headquarters this morning | Credit: David Mirzoeff / Greenpeace UK

Oil and gas giant slammed over failure to investment more in clean energy after record profits saw it hike dividends and announce share buyback scheme

Shell has posted the biggest annual profits in the oil and gas giant's 115-year history, this morning revealing it made almost $40bn last year after global oil and gas prices soared following Russia's...

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

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

'A sustainable economic transition is underway': How green investment is now a 'systemic consideration'

COP30: President Lula calls for new UN Climate Council to drive global policy efforts

More on Energy

How the government is looking to cut costs from its £10bn clean energy subsidy schemes
Energy

How the government is looking to cut costs from its £10bn clean energy subsidy schemes

Payments under the Renewables Obligation and Feed-in Tariff schemes could be linked to CPI rather than RPI from next April, as part of efforts to trim costs for billpayers - but could such changes dent investor confidence?

Michael Holder
Michael Holder
clock 10 November 2025 • 6 min read
'Historic milestone': India's renewables generation peaks to cover over half of power demand
Energy

'Historic milestone': India's renewables generation peaks to cover over half of power demand

India's Ministry of Power confirms July 29th record, which underscores the 'steady progress' nation is making towards its clean energy and climate goals

Amber Rolt
clock 07 November 2025 • 4 min read
Study: Global renewables deployment proving 'far faster' than expected
Energy

Study: Global renewables deployment proving 'far faster' than expected

New analysis from Ember suggests global clean energy deployment has put target to triple renewable capacity by 2030 within reach

Stuart Stone
Stuart Stone
clock 06 November 2025 • 3 min read