Shell is set to confront the risk that climate change may pose to its future, after backing a resolution from activist shareholders...The resolution, filed by 150 investors...requires the oil major to test whether its business model is compatible with the pledge by the world’s nations to limit global warming to 2C...The resolution, also filed with BP, includes a ban on corporate bonuses for climate-harming activities and a commitment to invest in renewable energy...“We maintain our commitment to engage with shareholders in this area,” said Shell’s executive vice president JJ Traynor, in a letter to shareholders, in which he asked them to back the resolution. “We look forward to implementing the resolution should it be passed at the AGM.”