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BP and Shell bosses among oil execs given £15m for ‘protecting environment’

Revealed: Major oil companies rewarded bosses for hitting climate targets despite continuing to pump oil and gas

By Andrew Kersley
BP and Shell bosses among oil execs given £15m for ‘protecting environment’
The 'big six' oil companies handed out £15m in bonuses to executives for hitting environmental targets last year | Andy Buchanan - WPA Pool/Getty Images
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The world’s biggest oil companies handed executives nearly £15m in bonuses for hitting climate targets last year despite continuing to pump fossil fuels, openDemocracy can reveal.

Not one of the ‘big six’ – US firms Chevron and ExxonMobil, UK-based Shell and BP, Italian company Eni and France’s Total – failed to pay out the bonuses, which related to combating climate change and transitioning to greener energy.

The companies made a combined profit last year of hundreds of billions of pounds.

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