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Article

11 May 2011

Author:
ForestEthics

Investors Beware: Shell's fracking in the Sacred Headwaters is bad for business [Canada]

ForestEthics has partnered with FairPensions to create an investor briefing describing the investment risk of Shell’s project in the Sacred Headwaters. The briefing recommends areas where investors could ask Shell for further disclosure related to this project. Highlighted factors which may impact the financial viability of this project include: Operational delays due to community opposition (which has already resulted in a moratorium being imposed); Increasing political and public concern about the impacts of hydraulic fracturing, or fracking...This briefing, Fracking Risks: Exposing Shell in British Columbia, has been distributed to some of Shell’s major shareholders in Europe and North America, just in time for Shell’s Annual General Meeting.