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In the media

Follow This is frequently making headlines. This is an overview of articles from the international media featuring our story.
How investors voted on climate change at Big Oil AGMs

How investors voted on climate change at Big Oil AGMs

Capital Monitor: Investor support for holding Big Oil companies’ feet to the fire appears to be growing in Europe, but fading in the US.  By Paul Hodgson   - Five climate resolutions were filed by a total of 20 investors with over €2 trn in AUM at Shell, BP,...

HSBC challenges Big Oil more often than peers

HSBC challenges Big Oil more often than peers

Which of the largest investors in the UK voted for change at Big Oil?  The Guardian, The Independent, and many other media point to HSBC as the leader.  Please find below the media coverage of the climate votes of the ten largest asset managers in the UK. HSBC AM, the...

TotalEnergies’ bet on gas means no big emissions cut by 2030

TotalEnergies’ bet on gas means no big emissions cut by 2030

Reuters — TotalEnergies' bet on gas means no big emissions cut by 2030 French oil major TotalEnergies forecasts its overall greenhouse gas emissions will not see a big reduction by 2030 given it wants to grow its gas business, executives said in an update on its...

Shell’s Profit Soared to $42 Billion Last Year

Shell’s Profit Soared to $42 Billion Last Year

The New York Times — Shell’s Profit Soared to $42 Billion Last Year Shell, Europe’s largest energy company, reported a bumper profit for 2022 on Thursday: $42.3 billion, more than double its 2021 total and probably a record for any British company. The company, like...

Investors reject climate proposals targeting ExxonMobil, Chevron

Investors reject climate proposals targeting ExxonMobil, Chevron

The Washington Post | The proposal calls on the companies to set medium- and long-term targets for aligning their emissions trajectories with the Paris agreement. While ExxonMobil and Chevron have both set goals of reaching net-zero operational emissions by 2050,...

Shell suffers drop in investor support for climate strategy

Shell suffers drop in investor support for climate strategy

Financial Times - Follow This, which submits the same resolution at several oil and gas companies, argues that Shell must commit to an absolute reduction in the scope 3 emissions generated from the fuels it sells. Shell’s targets are for a reduction in the carbon...

Shareholders back Shell’s climate strategy after raucous meeting

Shareholders back Shell’s climate strategy after raucous meeting

Reuters - Shareholders backed Shell's climate strategy while a climate activist proposal from the Follow This group received fewer votes than last year. "Investors have given in to Shell’s narrative that the crisis created by the war in Ukraine overrides the climate...

Big Oil investors reject calls for stricter climate goals — so far

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...

Occidental loses bid to throw out green Follow This resolution

Occidental loses bid to throw out green Follow This resolution

Financial Times | SEC will force oil and gas producer group to hold vote on tighter emissions targets.  “It’s telling that the SEC basically states that even Occidental — which has some targets — is not Paris consistent. I hope the investors realise that these...

Shareholders at four U.S. oil companies to vote on climate proposals

Shareholders at four U.S. oil companies to vote on climate proposals

Reuters - Shareholders at four U.S. oil companies will vote in the coming quarter on proposals for the firms to meet emissions targets set out in Paris in 2015, said climate activist group Follow This. The votes will test shareholder willingness to impose new air...