PRESS RELEASE response Follow This to Shell’s 2022 results Shell’s investments (cash Capex) in the division Renewables and Energy Solutions (RES) were $3.5 billion...
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Big Oil poised to smash annual profit records — sparking outcry from campaigners and activists
CNBC — “I have called 2022 the year the empire struck back,” Mark van Baal, founder of Dutch shareholder activist Follow This, told CNBC via telephone....
Leading investors join shareholder activist with climate resolutions at Big Oil
Resolutions focus on Scope 3 emissions reductions in 2030 Leading investors with assets under management of more than € 1.3 trillion* join activist shareholder Follow This...
More fossil fuels mean more loss and damage
The climate Loss and Damage Fund eclipsed tackling root causes climate crisis at COP27 in Egypt. Fossil fuels were again spared. Investors must fill the gap left open by...
Shell dismisses opportunity to invest windfall profits in renewablesÂ
PRESS RELEASE Response Follow This to Shell’s third quarter profits and investments Shell’s third quarter results published today show another quarter of windfall profits...
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No single oil major has Paris-aligned strategy, the world’s largest investors’ alliance concludes once again
Seven years on, despite significant steps, there is still no single oil major which plans to reduce emissions in line with the Paris Climate Agreement, concludes CA100+, the...
How to get Big Oil to end the climate crisis | Mark van Baal | TEDxEindhoven
To end the climate crisis, we need to make sure that fossil fuel companies stop drilling for even more oil and gas and start investing heavily in renewable energy. This talk...
Finally, Shell’s absolute emissions are forecasted to decrease; however a 5% decrease by 2030 is far from Paris aligned
MEDIA UPDATE Company avoids meaningful energy transition to renewables by cutting emissions with carbon offsets while growing fossil fuel sales, new research shows For the...
TotalEnergies to increase fossil fuel production by 2030, as Paris Climate Agreement calls for reduction
PRESS RELEASEÂ TotalEnergies will increase fossil fuel production by 2030 by growing its natural gas production, the company shared in its strategy presentation in New York...
TotalEnergies forecasts global natural gas consumption to increase by 10% by 2030, yet achieving the Paris Climate Agreement requires a shift away from fossil fuels to renewables
PRESS RELEASE TotalEnergies expects the global natural gas consumption to increase by 10% by 2030 as published during today’s Energy Outlook presentation (see slide 41 in...
Invitation to file, co-file, or provide input for climate resolutions in 2023
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...
Ben van Beurden, first oil major CEO to promise to cut product emissions (Scope 3), steps downÂ
RESPONSE FOLLOW THISÂ 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-alignmentÂ
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
PERSBERICHTÂ 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...