Investors are upping the ante on big oil companies over climate change, demanding they take more concrete action to help curb global warming. The issue is set to come into focus at Royal Dutch Shell RDS.B 1.13% PLC’s annual meeting Tuesday where investors with nearly $8 trillion under management will call on the company to go beyond already ambitious plans to curb emissions, according to a copy of the statement seen by The Wall Street Journal. The statement stops short of throwing full support behind a shareholder resolution that would require the company to set targets aligned with international efforts to limit climate change, but signals strong support among investors for further measures. The demands represent a shift in approach from investors, who have until now largely focused on requesting more transparency around climate risk. Pressure on big oil companies over climate change has been rising since the signing […]