Are you bothered by what Shell and now BP are getting up to in Canada? Oil Sands are neither environmentally nor socially sustainable but for investors the immediate question is whether sinking money into oil sands make good business sense in the short, medium or long term.
FairPensions is co-ordinating the tabling of resolutions (in-time for both companies' 2010 AGMs) calling on BP's and Shell's boards to furnish investors with a dedicated report on the costs and risks posed by oil sands and how these are being managed to protect investors' interests. To file the resolutions FairPensions is looking for shareholders of all sizes who'd like to see Shell and BP provide clear answers. If you have shares in either or both and would like to be amongst the 100 co-filers required, contact Louise Rouse ( snipped-for-privacy@fairpensions.org.uk or 020 7403 7800). For more information and to see the resolutions follow this link