INVESTOR BRIEFING Last Thursday, Follow This thanked outgoing Shell CEO Ben van Beurden for crossing the Rubicon on Scope 3 emissions and welcomed Wael Sawan. The Incoming...
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Ben van Beurden, first oil major CEO to promise to cut product emissions (Scope 3), steps down
RESPONSE FOLLOW THIS Ben van Beurden will hand over the helm of Shell to Wael Sawan on January 1, the company announced today. Activist shareholder Follow This welcomes the...
Paris Stock Exchange Committee (HCJP) hears shareholder activist about the imperative of voting rights on climate targets
Group of green shareholders – Follow This – argues shareholder voting rights are imperative to compel TotalEnergies to take sufficient climate action. “If...
Follow This ledenvergadering 2022
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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 a fossil free...
Follow This Members Meeting 2022
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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? ...
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...
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...
Watch Mark van Baal discuss the Follow This climate proposal at the Shell AGM 2022
At Shell’s Annual General Meeting, Shell CEO Ben van Beurden still refuses to commit to absolute emissions reduction targets. According to institutions like the IPCC, IEA,...
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...
Voor het eerst stemmen alle grote Nederlandse beleggers tegen Shells klimaatbeleid
PERSBERICHT Volledige Nederlandse top 10 stemt voor Follow This klimaatresolutie en tegen Shells klimaatbeleid Zelfs Robeco, jarenlang Shells grootste steunpilaar in...
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...
Shareholder rebellion at Chevron and Exxon as 33% and 28% vote in favour of Paris-consistent climate targets
PRESS RELEASE One third of shareholders vote in favour of Follow This climate proposal at Chevron, despite fears that energy crisis would eclipse climate crisisSignificant...
Minder steun voor vergroening onder beleggers Shell
NRC – Ruim 20 procent van de aandeelhouders wil dat Shell duurzamer wordt. Dat was vorig jaar nog ruim 30 procent. De lagere steun voor Follow This, dat al zes jaar...
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....
Shell evades climate targets as shareholders retreat from Paris-alignment
Energy crisis resulting from Ukraine war has eclipsed climate crisisInvestor support for Paris-consistent targets (resolution 21, filed by Follow This) decreases to 20%...
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...
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...
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...
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...
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...
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 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...
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...
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...
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...
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...
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...
ExxonMobil advises shareholders to vote against Scope 3 emissions reductions
PRESS RELEASE First climate proposal that requests Paris-alignment at ExxonMobil, following peers in Europe and the US. Oil major specifically rejects accountability for...