Highest vote in favour of a Follow This proposal which requests emission reductions in line with the Paris Climate Agreement (in the US, in 2021 Follow This only requested...
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Rewatch the Follow This Investor Symposium 2022
Should investors vote for climate action at oil majors’ annual meetings in May? Hear what our speakers think in this three-minute summary of Follow This’ 2022 Investor...
Ten Climate Resolutions at Big Oil in May 2022
INVESTOR BRIEFING incl. speakers update Follow This symposium Following the latest CA100+ benchmark and IPCC report, this briefing is to bring you up to date on ten Climate...
ExxonMobil advises shareholders to vote against Scope 3 emissions reductions
PRESS RELEASE First climate proposal that requests Paris-alignment at ExxonMobil, following peers in Europe and the US. Oil major specifically rejects accountability for...
No single oil major is Paris-aligned, investors’ alliance concludes
RESPONSE TO CA100+ BENCHMARK BY FOLLOW THIS Despite ‘net zero by 2050’ promises, no oil major has emissions reduction targets for 2030 in line with the Paris Climate...
BP will not reduce emissions this decade, new research shows
PRESS RELEASE – Lacking absolute emissions reduction by 2030, BP’s decarbonisation plan is not Paris-aligned. BP’s transition strategy will not deliver emissions...
Symposium 2022: How can investors support oil majors to fight the climate crisis?
The Follow This Online Symposium 2022 will bring together investors, the oil and gas industry, academics, and media to discuss how investors can support oil and gas...
Shell’s exit from Russia: decisive near-term action or long-term intention?
PRESS RELEASE – RESPONSE BY FOLLOW THIS Today, Shell announced [its] intent to withdraw from Russian oil and gas in a press release. “We commend Shell’s ability to...
Follow This testifies in US Congress Hearing about Big Oil’s climate pledges
Follow This founder Mark van Baal testified in a US Congress Hearing on February 8 to answer questions about the climate plans of oil majors. “It was quite an experience to...
Chevron boasts about its growing fossil fuel production like there was no shareholder majority vote for emissions reductions
PRESS RELEASE Chevron “grew [production] to a record 3.10 million barrels per day” and “added proved reserves” the company boasts in a press release about its Fourth Quarter...
ExxonMobil’s new net zero goal ignores the elephant in the room
On January 18th, ExxonMobil announced its ambition for net zero emissions for operations (Scope 1 and 2) by 2050. In May, the Follow This climate resolution –...
Will Shell’s total emissions be down by 45% in 2030?
Will Shell’s total emissions be down by 45% in 2030? No – to the contrary: according to research by Global Climate Insights, Shell’s absolute emissions will increase...
Shell seeking to move headquarters to the UK is no surprise
Response of Follow This Shell wants to move over to one kind of share on the London stock market. This is no surprise; Shell has already wanted a simpler structure with only...
TotalEnergies leaves the Paris Accord to be met by others
Green shareholders response to TotalEnergies’ Investor Day TotalEnergies’ emission reduction targets for 2030* fall short of Paris-alignment. It is not up to TotalEnergies...
Follow This: “fossil fuel companies advocating a slow transition lose all climate credibility”
Follow This response to the IPCC report “This report strips oil majors that advocate for a slow transition of all climate credibility. Oil major CEOs who claim to be part of...
Total’s CEO: ‘investors voting against our strategy behave more like activists than shareholders’
‘Investors behave more like activists than shareholders when they vote against Total’s strategy to increase fossil fuel production by 2030.’ That was the...
Big headlines following Big Oil’s 2021 AGM season
– INVESTOR BRIEFING – We hope that the events of May have left you feeling as optimistic as we do about our joint fight against climate change. Many thanks to...
92% votes for Total’s inhouse climate resolution proves the necessity of shareholder climate resolutions
– PRESS RELEASE with response Follow This – Today at Total’s AGM, 92% of shareholders voted for Total’s inhouse climate resolution, that supports Total’s current...
61% of Chevron shareholders support Follow This climate resolution
– PRESS RELEASE – Activist group Follow This wins third consecutive Big Oil ballot in US Global investors demand urgent emissions reductions Follow This wins...
Analysis of Chevron’s climate strategy ahead of the 2021 AGM
Global warming must be limited to 1.5°C to avoid the worst consequences of climate change. That means that net global greenhouse gas (GHG) emissions should be zero in 2050....
Support for Follow This climate resolution more than doubles, signalling dissent over Shell’s climate plan
PRESS RELEASE Minority shareholder rebellion urges significant reductions in absolute emissions by 2030. Investor support for the Follow This climate resolution (21) rose...
Majority votes for activist climate proposal by Follow This for the second time
PRESS RELEASE Phillips66 shareholders request concrete emission reduction targets. An undisclosed majority of shareholders in Phillips66 approved the climate proposal by...
Support for Follow This climate resolution more than doubles, despite BP’s claims to be Paris-aligned
PRESS RELEASE Investors urge BP to reduce emissions this decade. A significant number of shareholders (20.7%, up from 8.4% in 2019) voted in favour of the Follow This...
58% of ConocoPhillips shareholders vote for Follow This climate proposal
PRESS RELEASE Majority backs emission reduction targets in historic vote for Follow This climate proposal. 58% of ConocoPhillips shareholders vote for activist climate...
Analysis of Equinor’s 2021 climate plan
Net zero is an ambitious target that can only be achieved by ambitious actions. Equinor’s current operations and policies do not reflect a shift from business-as-usual...
Analysis of BP’s 2021 climate plan
BP’s climate plans are not yet compatible with the Paris Agreement. The reason BP and Follow This didn’t agree to a joint resolution, as both parties intended in 2020, was...
Why should investors in Shell vote FOR climate resolution 21?
INVESTOR BRIEFING While “Big Oil Braces for Climate Votes as Investor Pressure Mounts” (Bloomberg), investors in Shell are still debating why they should vote in favour of...
Why should investors vote for the climate resolution at BP (resolution 13)?
INVESTOR BRIEFING Investors are asking us why they should support the Follow This resolution at BP (resolution 13 at the AGM on May 12). The crucial reason to vote in favour...
Watch a Summary of the Follow This Investor Symposium 2021
Should investors vote for climate action at oil majors’ annual meetings in May? Watch the answers of our speakers in this two-minute summary of the Follow This...
Your votes on climate resolutions at Big Oil in May
INVESTOR AND MEDIA BRIEFING This briefing is intended to help shareholders make an informed voting decision on climate resolutions coming to vote at the 2021 AGMs of...
Symposium summary: Urgency & Agency
Oil majors urgently need to change course. Investors have the agency to compel them to do so by voting for climate resolutions. Watch the symposium here or read the key...
Watch the Follow This Online Symposium 2021
The Follow This Online Symposium 2021 brings together investors, the oil and gas industry, academics, and media to discuss how investors can support oil and gas companies to...
Shell’s climate plans remain gravely inadequate to justify a ‘yes’ vote from investors
Dear investor in Shell, Shell is urging you to vote for its own resolution that mandates their own strategy (resolution 20) and against the Follow This climate resolution...
SEC grants shareholders the right to vote on emission reductions at Chevron
PRESS RELEASE Climate proposal requests Chevron “to substantially reduce the greenhouse gas (GHG) emissions of their energy products” A breakthrough in the fight against...
Follow This Symposium | How investors can support oil majors to curb climate change
Join the online Follow This Symposium that brings together investors, the oil and gas industry, academics, and media to discuss how investors can support oil and gas...
Follow This Climate Targets Resolutions in 2021
Investor and media briefing This briefing is to bring you up to date on the climate targets resolutions that Follow This filed for the 2021 AGMs of BP, Shell, Equinor, and...
Shareholders’ rebellion over non-committal “climate ambitions”
In 2020, the AGM season for Big Oil was characterized by a shareholders’ rebellion over non-committal “climate ambitions” This year’s AGMs of Equinor, Shell, and Total...
Briefing for climate lawsuit Friends of the Earth Netherlands vs Shell
Tuesday 15 December and Thursday 17 December are the third and fourth days of hearings in the lawsuit of Friends of the Earth NL vs. Shell. Shell can easily avoid a lengthy...
Keynote at Building Holland
We can only stop climate change, when we make sure the oil industry changes course. That’s why we started Follow This, a movement of green shareholders in oil and gas...
Shell and ExxonMobil looking for billions in subsidies for carbon capture and storage (CCS)
MEDIA UPDATE “As long as these fossil companies are not making large-scale investments in renewable energy, CCS is no more than an excuse for business as usual.” Today the...