Jacob Meldgaard after Shell ruling: Oil companies have had "a sheltered existence"
Torm CEO Jacob Meldgaard, also chair of Danish Shipping, sees the sensational ruling against oil company Shell, and the increasing pressure on major oil companies to cut CO2 emissions, as a "natural pressure". The oil companies, which are among Torm's customers, have had "a sheltered existence", he tells ShippingWatch.
BY DAG HOLMSTAD, JENS THOMSEN OG IDHA TOFT VALEUR
Major global oil companies have recently come under massive pressure to increase their climate ambitions and further reduce harmful emissions, such as CO2.
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