In the media

Follow This is frequently making headlines. This is an overview of articles from the international media featuring our story.
Can activist investors really make a difference?

Can activist investors really make a difference?

If you care about saving the planet, one campaigner argues it's time to buy a stake in big oil firms. Activist group Follow This is encouraging investors to buy shares in BP and Shell It wants to empower investors to influence Big Oil companies from within We spoke to...

Want To Stop Climate Change? Buy Big Oil Stock

Want To Stop Climate Change? Buy Big Oil Stock

Forbes | In an age in which stock trading is no longer reserved to Wall-Street and a climate crisis is becoming a reality, sustainability-driven shareholder activism was bound to happen. And we see it happening, with increasing impact—especially in Big Oil,...

Shell investors back moving HQ from Netherlands to UK

Shell investors back moving HQ from Netherlands to UK

Financial Times | Royal Dutch Shell shareholders have overwhelmingly backed sweeping changes to the company’s share structure and tax residence, paving the way for the board to shift the Anglo-Dutch energy major’s headquarters from the Netherlands to the UK in 2022....

Shell walks ‘tightrope’ of demands amid climate pressures

Shell walks ‘tightrope’ of demands amid climate pressures

Associated Press | Royal Dutch Shell on Friday received approval from shareholders to simplify its archaic corporate structure, which grew out of the merger more than a century ago of a British firm that once traded in exotic seashells and an oil company in the...

Shell’s New Emission Targets Fall Short, Activist Investor Says

Shell’s New Emission Targets Fall Short, Activist Investor Says

Dutch group Follow This brought a motion at Shell’s annual general meeting this year urging it to set targets for Scope 1, 2 and 3 emissions -- those produced by the company’s own operations and by the use of its products by customers -- are compliant with the goals...

As pressure to decrease emissions grows, Shell and BP increase emissions

As pressure to decrease emissions grows, Shell and BP increase emissions

A lot has happened in recent weeks: The pressure on Shell has grown: new research shows that Shell wants to increase emissions this decade, pension fund ABP has dropped Shell, and an activist shareholder wants to split up the company. At the climate summit in Glasgow,...

Activist fund Third Point calls for break-up of Shell

Activist fund Third Point calls for break-up of Shell

Financial Times | Royal Dutch Shell is under pressure to break itself up after the activist hedge fund Third Point built a large stake and accused the oil supermajor of being bogged down by an incoherent strategy. Mark van Baal, head of Follow This, an activist...

One of world’s biggest pension funds to stop investing in fossil fuels

One of world’s biggest pension funds to stop investing in fossil fuels

The Guardian | One of the world’s largest pension funds, ABP, is selling its €15bn-worth of holdings in fossil fuel companies, including Royal Dutch Shell, claiming it had been unable to persuade the sector to transition quickly enough towards decarbonisation. At...

How to reform the oil industry from within

How to reform the oil industry from within

Mark van Baal, founder of Follow This, explains in an interview with American magazine Mother Jones why oil companies have to change - and how shareholders can play a crucial role in that process. "Investors have to step up. The only way these companies are going to...

ConocoPhillips bets $23 bln on U.S. shale oil as rivals retreat

ConocoPhillips bets $23 bln on U.S. shale oil as rivals retreat

Reuters - ConocoPhillips Chief Executive Ryan Lance on Monday doubled down on U.S. shale and the world's continued demand for oil with his second blockbuster acquisition in less than a year. His $9.5 billion purchase of Royal Dutch Shell's West Texas properties, nine...

Facing investor pressure, Chevron to boost ‘lower carbon’ spending

Facing investor pressure, Chevron to boost ‘lower carbon’ spending

Chevron said Tuesday it will lift spending on lower carbon energy while still investing primarily in fossil fuels as it updated its climate strategy in the face of investor pressure. Like its US rival ExxonMobil, Chevron has faced intensifying pressure from investors...

Chevron stops short of sharp emissions reductions despite investor rebuke

Chevron stops short of sharp emissions reductions despite investor rebuke

Months after U.S. oil and gas giant Chevron faced backlash from its own investors over its progress on climate change, CEO Mike Wirth sidestepped the term that has dogged oil and gas giants since late 2019: Scope 3. Chevron received a rebuke from its investors at its...

Big headlines following Big Oil’s 2021 AGM season

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 the investors who urged Big Oil to act now by engaging and voting for climate resolutions. We would like to...

Behind Shell’s strategy to get into green energy

Behind Shell’s strategy to get into green energy

New York Times - Ben van Beurden, the chief executive of Royal Dutch Shell, has been talking about the need to cut emissions since 2017. In the view of some, though, Shell has dragged its feet. The company’s clean energy investments since 2016 add up to $3.2 billion,...

The Retreat of Exxon and the Oil Majors Won’t Stop Fossil Fuel

The Retreat of Exxon and the Oil Majors Won’t Stop Fossil Fuel

Bloomberg - National oil champions are likely to fill the gap left by private-sector players—meaning emissions won't shrink as fast as the supermajors. The supermajors — a group that, in addition to Exxon and Chevron, includes BP Plc, Royal Dutch Shell Plc,...

Chevron Investors Back Follow This Climate Proposal

Chevron Investors Back Follow This Climate Proposal

Bloomberg - Chevron shareholders voted for a proposal to reduce emissions from the company’s customers, the latest sign that oil titans are coming under increasing pressure to address environmental concerns. According to a preliminary tally, 61% of investors backed...

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