CA100+ lead investors at Shell call on fellow investors to vote in favour of shareholder climate resolutions
INVESTOR BRIEFING regarding climate resolutions 20 and 21 at Shell As ‘Big Oil Sees Climate Pressure Ease Off’ (Bloomberg), the new CA100+ lead investors at Shell (PGGM and MN) have called on fellow investors to vote FOR shareholder climate resolutions and AGAINST...
Big Oil investors reject calls for stricter climate goals — so far
The Washington Post | Investors in three of the world's largest oil and gas companies this week rejected proposals for the firms to set stronger climate targets, as fossil fuel firms reap record profits following Russia's invasion of Ukraine. But the fight is far from...
BP evades climate targets as shareholders retreat from Paris-alignment
PRESS RELEASE Energy crisis has eclipsed climate crisis The fight against the climate crisis loses momentum at BP: support for Paris-consistent climate targets (resolution 24) decreases to 15% (down from 21% in 2021). Response by Follow This “BP may have...
Big Oil braces for shareholder revolt over climate plans in proxy voting season
CNBC - Some of the world's largest corporate emitters face the prospect of a shareholder rebellion this month, with climate-related votes poised to spike throughout the proxy season. Dutch group Follow This, a small activist investor and campaign group with stakes in...
Shareholder rebellion at ConocoPhillips as 39% of shareholders vote in favour of Follow This climate proposal
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 emissions reductions) Voting signals investors’ impatience at Big Oil’s refusal to curb...
Why BP investors should vote FOR shareholder climate resolution 24 and AGAINST inhouse climate resolution 3
INVESTOR BRIEFING A week before the AGM on May 12th, some investors in BP are still debating why they should vote FOR shareholder climate resolution 24 and AGAINST inhouse climate resolution 3. In case you haven’t decided yet, please take the following points into...
Climate Resolutions at Big Oil in May
Please find herewith six recent developments regarding climate resolutions at Big Oil’s forthcoming AGMs: Yesterday, Valero reported that the proposal failed to pass. The outcome came to our dismay, especially after large proxy voting advisors ISS and Glass Lewis...
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 Symposium below. Speakers: Lars Dijkstra of Van Lanschot Kempen Mary Minette of Mercy Investments...
Oliebedrijven willen in 2050 schoon zijn. Maar hoe zit het in 2030?
NRC | Veel oliemaatschappijen zeggen in 2050 per saldo geen schadelijke stoffen meer uit te zullen stoten. Maar wat is die toezegging waard, wil de belegger weten, als de huidige emissies niet snel afnemen? De mening van kritische beleggers wint aan gewicht. Vanaf...
Shell rejects climate resolution amidst increasing investor pressure
PRESS RELEASE Shell calls Paris-consistent targets for 2030 “unrealistic” 9 of the 10 largest Dutch investors announced they will vote in favour of climate resolutions that supports Paris-alignment: Shell rejects climate resolution amidst increasing investor pressure...
Shell raadt aandeelhouders aan om voorstel Follow This te verwerpen
FD - Het bestuur van olieconcern Shell adviseert zijn aandeelhouders om het voorstel van activistische aandeelhouder Follow This te verwerpen bij de jaarlijkse vergadering van aandeelhouders op 24 mei. Klimaatactivist Follow This dringt in voorstel voor die...
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 Resolutions at Big Oil that need your votes in April and May. CA100+ benchmark: not a single...