Greenpeace and Shell settle $11m lawsuit

13 December 2024

Elizabeth Pfeuti

EU regulation

Greenpeace and Shell settle $11m lawsuit

December 12th, 2024

Environmental activist group Greenpeace has reached a settlement with Shell over an $11 million lawsuit stemming from protests aimed at pressuring the oil giant to reduce carbon emissions.

Shell attempted to sue Greenpeace in response to protests conducted by the campaign group, in which nine activists climbed on one of Shell’s Penguins floating production storage and offloading units in the North Sea for 13 days over January and February 2023.

Greenpeace accused Shell of using “bullying tactics” against peaceful protests whereas the oil giant said “this kind of stunt at sea is a serious risk to safety and life.”

As part of the final settlement, Greenpeace will accept no liability and make no payment to Shell, instead agreeing to donate £300,000 to the Royal National Lifeboat Institution.

The protesters have also signed a legally binding commitment to Shell, which prohibits them from carrying out any similar actions or protests near any key oil and gas platforms in the North Sea.

When first faced with the lawsuit, Greenpeace stated they would only accept a protest ban if Shell agreed to comply with the Netherlands court order requiring the company to reduce its emissions to 45% by 2030, compared to 2019, across all activities.

Areeba Hamid, co-executive director at Greenpeace UK, said: “Shell thought suing us for millions over a peaceful protest would intimidate us, but this case became a PR millstone tied around its neck. The public backlash against its bullying tactics made it back down and settle out of court,

This settlement shows that people power works. Thousands of ordinary people across the country backed our fight against Shell and their support means we stay independent and can keep holding Big Oil to account.”

Minerva’s blog focuses on the latest developments in ESG investing and stewardship. Minerva is a global provider of sustainable stewardship solutions with over 25 years of expertise. Minerva empowers investors by providing essential tools, including ESG research and data, enabling them to navigate the intricate landscape of stewardship and proxy voting, whilst ensuring their decisions are well-informed and aligned with sustainable principles.

You can read more of our articles by clicking here.

Latest News

SHareholder meeting

FRC’s new regulatory approach signals a shift from rule-making to market stewardship

SHareholder meeting

Shein lists in Hong Kong at reduced valuation after protracted IPO journey

SHareholder meeting

SEC sends executive pay disclosure overhaul to White House for review

SHareholder meeting

Democratic attorneys general defend credit ratings agencies against anti-ESG pressure

SHareholder meeting

Investor coalition urges US EEOC to retain workforce demographic reporting

SHareholder meeting

Australia consults on climate disclosure rollback

Featured Briefings

Minerva Briefing

Shareholder Proposal Voting Trends 2026 H1

Minerva Briefing

Virtual-Only AGMs

Minerva Briefing

UK Proxy Season Review 2026

Minerva is a global provider of sustainable stewardship solutions with over 30 years of expertise. Minerva empowers investors by providing essential tools, including ESG research and data and expert insights, enabling them to navigate the intricate and ever-evolving landscape of stewardship and proxy voting, whilst ensuring their decisions are well-informed and aligned with sustainable principles.

Related Stories

Shein lists in Hong Kong at reduced valuation after protracted IPO journey

Shein lists in Hong Kong at reduced valuation after protracted IPO journey

September 2, 2026
Read More
Democratic attorneys general defend credit ratings agencies against anti-ESG pressure

Democratic attorneys general defend credit ratings agencies against anti-ESG pressure

August 28, 2026
Read More
Growth with weakened governance poses risks, FCA warns

Growth with weakened governance poses risks, FCA warns

August 13, 2026
Read More
Minerva to SEC: climate disclosure should be fixed, not scrapped

Minerva to SEC: climate disclosure should be fixed, not scrapped

August 6, 2026
Read More
China sharpens the lens on financial institution governance

China sharpens the lens on financial institution governance

August 4, 2026
Read More
Singapore Moves Ahead on ISSB Sustainability Reporting

Singapore moves ahead on ISSB sustainability reporting

August 3, 2026
Read More