At BP’s shareholders’ meeting in London, CEO Bernard Looney refused to commit to absolute emissions reductions by 2030.
Jesper Vaarwerk of Follow This asked the crucial question: Will BP’s current climate strategy lead to an absolute emission reduction of around 40% by 2030 for all Scopes? Please listen to Bernard Looney’s answer carefully: He commits to a decrease of 35-40% by 2030...
All large Dutch investors vote in favour of the Follow This climate resolution
INVESTOR BRIEFING The ten largest Dutch investors – including the new lead investors for CA100+ – voted in favour of the Follow This climate resolution (resolution 21) and against Shell’s climate policy (resolution 20) at Shell’s shareholders' meeting in London on May...
IN THE MEDIA
At BP’s shareholders’ meeting in London, CEO Bernard Looney refused to commit to absolute emissions reductions by 2030.
Jesper Vaarwerk of Follow This asked the crucial question: Will BP’s current climate strategy lead to an absolute emission reduction of around 40% by 2030 for all Scopes? Please listen to Bernard...
All large Dutch investors vote in favour of the Follow This climate resolution
INVESTOR BRIEFING The ten largest Dutch investors – including the new lead investors for CA100+ – voted in favour of the Follow This climate resolution (resolution 21) and against Shell’s climate...
Big Oil evades climate targets as investors retreat from Paris-alignment
POST AGM INVESTOR BRIEFING Dear investors in Big Oil, For investors in Big Oil, the fight against the climate crisis has lost momentum in 2022. The recently updated CA100+ benchmarks confirm that...
NEWS
Shell U-turn on Cambo oilfield would threaten green targets, say campaigners
The Guardian - Climate activists have reacted with concern to reports that Shell is reconsidering its decision to abandon development of the Cambo oilfield, warning that such a reversal would further threaten emissions reductions targets. Mark van Baal, the leader of...
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
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...
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...
“There is no single oil major with a good plan to decrease emissions this decade”
Follow This founder Mark van Baal at Bloomberg's Sustainable Business Summit: "We need big oil...
Shell U-turn on Cambo oilfield would threaten green targets, say campaigners
The Guardian - Climate activists have reacted with concern to reports that Shell is reconsidering...
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
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...
Shareholders asked oil giant Chevron to cut emissions. Now some want the chairman ousted
The Washington Post - A shareholder advocacy group filed papers Tuesday asking investors in the energy giant Chevron to oust the chairman and another board member because of the company’s failure to cut carbon emissions, setting off a campaign to alter significantly...
BP has ambitious plans to move beyond fossil fuels – but are they enough?
The Guardian | The oil giant revealed its four-fold increase in profits alongside pledges on investment in cleaner energy. Investors and climate activists have raised concern that the plans risk falling short of expectations from both sets of perspectives. Mark van...
“Absolute emissions have to go down strongly, 45%, that’s what Paris means”
During the last week of May 2021, significant gains were made in the battle against climate change. In this episode, Becky Annison talks to Mark van Baal, the founder of the international pressure group Follow This, about what happened. Was this the beginning of a...
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
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,...
The climate victories of 2021 that put fossil fuels in check
From local activism to shareholder rebellions, here’s what climate advocates accomplished over the last year. The shareholder rebellions Activist investors leveraged their collective power to force major oil companies to change from within. Chevron faced opposition...
Oil majors under pressure as activists circle
Financial Times | For decades campaigners have picketed oil and gas offices, blockaded refineries and disrupted operations. Now the energy sector is facing a new kind of activism: from its own shareholders. Environmental shareholder group Follow This is also opposed...
Follow This targets Exxon with shareholder climate resolution
Reuters | Climate activist group Follow This targeted Exxon Mobil Corp with a shareholder resolution urging it to deepen its carbon emissions reduction targets, ramping up pressure on the oil and gas company over its energy transition strategy. The shareholder...
Big Oil ‘can make or break the Paris Climate Accords,’ Follow This Founder says
Yahoo Finance | Mark van Baal, Follow This Founder, joins Yahoo Finance's Zack Guzman and Akiko Fujita to discuss the latest initiative to pressure Big Oil to do more in combatting climate change.
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
Follow This on NHK Japan: ‘The only people Big Oil has to listen to are their shareholders’
Dutch shareholder activist Mark van Baal challenges the power of Big Oil and urges these influential companies to abandon fossil fuels and commit to...
TOTAL
Follow This on NHK Japan: ‘The only people Big Oil has to listen to are their shareholders’
Dutch shareholder activist Mark van Baal challenges the power of Big Oil and urges these influential companies to abandon fossil fuels and commit to...
CHEVRON
Follow This on NHK Japan: ‘The only people Big Oil has to listen to are their shareholders’
Dutch shareholder activist Mark van Baal challenges the power of Big Oil and urges these influential companies to abandon fossil fuels and commit to...
EQUINOR
Follow This on NHK Japan: ‘The only people Big Oil has to listen to are their shareholders’
Dutch shareholder activist Mark van Baal challenges the power of Big Oil and urges these influential companies to abandon fossil fuels and commit to...
EXXONMOBILE
Follow This on NHK Japan: ‘The only people Big Oil has to listen to are their shareholders’
Dutch shareholder activist Mark van Baal challenges the power of Big Oil and urges these influential companies to abandon fossil fuels and commit to...
BP
Follow This on NHK Japan: ‘The only people Big Oil has to listen to are their shareholders’
Dutch shareholder activist Mark van Baal challenges the power of Big Oil and urges these influential companies to abandon fossil fuels and commit to...