Institutional shareholders have welcomed an announcement by Shell…that it plans to limit top executives’ pay and include sustainable development as a significant part of performance bonuses…Erik Breen, head of responsible investment at Robeco Investment Management… pointed to the company’s decision to increase the role of sustainability in executive performance evaluation as a positive response to shareholder lobbying… Last month a group of UK institutional shareholders including the Co-operative Asset Management and the Unison Staff Pension Scheme, filed a shareholder resolution…calling on the company to report on the investment risks associated with controversial oil sands projects in Canada…Shell is also…under pressure from Church investors…to adopt a ten-point plan to combat environmental and social damage in the Niger Delta