Worse-than-expected third-quarter profit of $4.13bn comes as major US investor urges firm to break itself up
Royal Dutch Shell has set out a target to halve its carbon emissions by the end of the decade following calls by campaigning investors for the company to end to its “incoherent” stance on climate action by breaking itself up.
Shell set out the new carbon target days ahead of the Cop26 climate talks in Glasgow as it revealed worse-than-expected profits for the third quarter, despite a global surge in oil and gas markets.
