London, Tuesday 25 March, 2025 – Global Witness reacts to Shell’s announcement on CEO pay, as the oil firm hosts its Capital Markets Day in London.
Patrick Galey, Investigations Lead at Global Witness said:
“After a year of unchartered climate extremes and huge energy bills, which are set to spike again in many countries again this year, Wael Sawan’s obscene pay packet will feel like a slap in the face for millions.
“It’s maddening to know that Big Oil bosses like Sawan are raking it in, as they double down on the oil and gas that’s fueling climate devastation and continue to profit from an energy crisis that’s leaving so many of us poorer.”
“We shouldn’t have to witness another year of corporate greed at the expense of people and planet – it's time governments held big oil firms like Shell to account. Instead of allowing oil giants to hand out billions to wealthy shareholders and shower their bosses with lavish pay checks, governments should be making them pay climate damages.”