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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Shell plc | NYSE:SHEL | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.42 | 0.58% | 72.79 | 73.135 | 72.62 | 72.79 | 1,802,639 | 20:23:15 |
From May 2023 to May 2024
By Christian Moess Laursen
U.K. advertising regulator Advertising Standards Authority on Wednesday upheld a ban on certain Shell advertisements featuring environmental claims that were deemed misleading to consumers.
ASA said the ads--a poster, a TV ad and a YouTube ad--gave the overall impression that a significant portion of Shell's business comprised lower-carbon energy products, and that further information about the company's larger polluting operations should have been included.
The energy major strongly disagrees with the ASA's decision, and a spokesperson for Shell said that people are already well aware that it produces oil and gas.
The ads were intended to raise awareness of the company's investment in low- and zero-carbon energy, the spokesperson said.
Write to Christian Moess Laursen at christian.moess@wsj.com
(END) Dow Jones Newswires
June 07, 2023 06:05 ET (10:05 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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