Environmental group Greenpeace is on the verge of raising £20,000 to pay for an advert in the financial press that attacks oil giant Shell for its exploration activity in the Arctic.
Just over £1,500 is needed in order to fund the full-page ad, which forms part of Greenpeace’s Save the Arctic campaign and could be published in such titles as The Times and The Financial Times.
This particular effort to raise awareness about Shell’s wrongdoing began when the company announced it could restart drilling for oil in the Arctic, despite one of its most prominent rigs in the region – the Kulluk – running aground in Alaska recently.
“Drilling in the Arctic is expensive, and Shell needs the support of its investors to keep going”, said a Greenpeace message to supporters.
“In markets, perception matters and right now Shell’s reputation is in tatters.
“If we can get the truth out to thousands more in the investment community about the long list of Shell’s Arctic blunders – the ones that never hit the front pages – we can reveal how risky a company like Shell really is.”
A report by the University of Essex recently claimed that oil investors could be exposed to “serious financial risk” if they fail to challenge multinational firms over their responsibility.
But drilling for oil in the Arctic is a particularly contentious issue, given the vulnerability of the region and the difficulties in dealing with a potential oil spill. The activity was recently condemned by Christophe de Margerie, head of French multinational Total SA, who became the first oil boss to voice disapproval of Arctic exploration in September.
To donate to Greenpeace’s cause, click here.
Like our Facebook Page
Is It Possible to Work in Tech Without Harming the Planet?
Zero Waste Living and Its Importance
Investing in a Sustainable Environmental Future for Northern Virginia
Prominent Trends in Seafood Sustainability in 2022
Sustainable Landscaping Tips for Your Property
Can PEMF Help To Improve Plant Growth for Eco-Friendly Gardeners
How the U.S. Government is Promoting Green Energy in the Country
12 Essential Things for Buying Your First Home
Harnessing Sustainability with User-Centric Technology Innovation
Making Your Dream of Having an Eco-Friendly Garden Come True
7 Eco-Friendly Plant-Based Alternatives for Everyday Products
Top 5 Benefits of Eco-Friendly Cars
Why Eco-Friendly Homes Should Have Outdoor Bathrooms
Merits of Sustainability Reporting: What Every Manager Must Know
Low Emission and Clean Air Zones: What You Need To Know
CEO Brian Ladin Explains How The Shipping Industry Is Going Green
A Guide to Eco-Friendly Landscaping
Is the Hyundai i30 A Valuable Investment?
Is Couchsurfing a Good Option for Eco-Friendly Traveling?
How To Set Up A Sustainable Smart Home
- Features11 months ago
Seven Health and Safety Tips for Eco-Friendly Products in a Green Home
- Energy12 months ago
Eco-Friendly Homeowners Lower Carbon Footprints through Greater Air Conditioner Efficiency
- Features11 months ago
Essential Guidelines for Eco-friendly Moving into new Home
- Features10 months ago
5 Compelling Reasons to Hire an Eco-Friendly Contractor