LONDON (Reuters) – Royal Dutch Shell caved in to growing investor pressure over climate change on Monday, setting out plans to introduce industry-leading carbon emissions targets linked to executive pay.

FILE PHOTO: A logo of Shell is pictured at a gas station in the western Canakkale province, Turkey April 25, 2016. REUTERS/Murad Sezer/File Photo

Rivals BP and Total have already set short-term targets on reducing carbon dioxide emissions, but these are limited to their own operations.

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