News
Recent news from Follow This, including the latest investors briefings.
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 one kind of share since Shell had to deal with the reserves scandal of 2004. Shell...
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 to reduce emissions to levels needed for a 1.5-degree pathway, but up to governments and...
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...
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...
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...
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 strategy. This strategy is not Paris-consistent according a report by the CA100+, the world’s largest...
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 third majority in US for first emission reductions proposals since Paris Accord In Europe, support for all...
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. This does not only impose a responsibility on corporations but also provides energy companies...
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 to 30%, more than doubling since 14% of shareholders supported it in 2020, and defying...
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 Follow This to set reduction targets for all emissions. During the virtual AGM...
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 climate resolution at the BP AGM today, despite the board’s advice to vote against. This discontent...
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 proposal requesting concrete emission reduction targets. 58% of shareholders in ConocoPhillips have...
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 practices. The only way to reach the long-term target is to set science-based interim targets...
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 that BP wanted a resolution that supports its current climate aims, while Follow This maintained...
