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...
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HSBC challenges Big Oil more often than peers
July 24 2023
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...
HSBC takes the lead in the UK as peers retreat from climate stewardship at Big Oil
July 17 2023
INVESTOR/MEDIA UPDATE In 2023, HSBC Asset Management is the only large British investor voting for change across all oil majors, while their peers vote against...
FD – Onder Ons – ‘Mark is enorm gefocust. En hij ziet altijd kansen’
July 11 2023
Marijke Voerman is de vrouw van Mark van Baal, oprichter van de activistische aandeel-houdersvereniging Follow This, die Shell een duurzame koers wil laten varen. ‘Mark...
Shell to grow its fossil fuel business in collision course with Paris Accord
June 14 2023
Dividend to increase by 15% to $0.33 per share; 70% of pre-pandemic levels of $0.47Â Oil major will only invest in renewables that have returns comparable to those of...
Investors miss opportunity to urge ExxonMobil and Chevron to drive down emissions by 2030 as votes for Follow This climate resolution fallÂ
June 1 2023
Investors enable US supermajors to continue to cause climate breakdown DRAFT PRESS RELEASE At the close of Big Oil’s AGM season, a most investors miss the opportunity to...
Time is up for Big Oil’s business model
May 30 2023
Shareholders are crucial to unlocking energy transition Opinion piece in The Financial Times. Mark van Baal is the founder of Follow This. Every so often, the CEO of a big...
Record support for Follow This climate resolution at TotalEnergies thanks to coalition of 17 investors
May 26 2023
Investors seize opportunity to urge TotalEnergies to drive down emissionsPRESS RELEASEA growing shareholder rebellion of 30% (up from 17% in 2020) voted in favour of the...
One-fifth of Shell shareholders maintain demand for emissions reductions to meet Paris by voting for Follow This climate resolution
May 23 2023
Majority of investors miss an opportunity to urge Shell to drive down emissions by 2030PRESS RELEASEInvestors miss the opportunity to urge Shell to drive down emissions by...
Your votes for climate resolutions will show your commitment to Paris and safeguard your portfolio
May 16 2023
INVESTOR BRIEFING — AGMs Shell, TotalEnergies, ExxonMobil and Chevron Investors still have the chance to vote for medium-term scope 3 targets in line with Paris at Shell...
Check out these facts before casting your vote on Climate Resolution 26 for Shell’s AGM, and follow the CA100+ leads
May 11 2023
INVESTOR BRIEFING Shell AGM on May 23rd The AGMs of four of the world’s largest oil and gas majors are quickly approaching, starting with Shell on May 23rd. Please consider...
World’s largest investor alliance Climate Action 100+ flags Follow This climate resolution at Shell
May 10 2023
For the first time, the Climate Action 100+ lead investors* at Shell are endorsing the Follow This climate resolution, demonstrates an investor briefing released today. ...
Shell: Activist Investor Secures Support Before Vote
May 10 2023
Activist investor Follow This said on Monday that a shareholder resolution it submitted for a vote at Shell’s upcoming annual meeting had won the backing of key...
A group of 188 French scientists and experts calls on TotalEnergies investors to vote in favour of the Follow This climate resolution and against the company’s own climate strategy
May 9 2023
Le Monde — A group of 188 scientists and experts condemn the ‘carbon bomb’ represented by the French multinational’s oil pipeline project in Uganda. ...
World’s largest investor alliance Climate Action 100+ flags Follow This climate resolution at Shell
May 8 2023
For the first time, the Climate Action 100+ lead investors* at Shell are endorsing the Follow This climate resolution, demonstrates an investor briefing released today. ...
CA100+ lead investors flag Follow This climate resolution at ShellÂ
May 8 2023
INVESTOR BRIEFING Rise in votes at BP sets direction for CA100+ flagged climate resolution at Shell The absence of institutional investors was felt during BP’s grim...
Check out these facts before casting your vote on Climate Resolution 25 at BP’s AGM
April 18 2023
Next week, on April 27th at BP, the crucial 2023 AGM season at Big Oil kicks off. Five climate resolutions, co-filed by institutional investors, will be put to a vote at...
Overview of climate resolutions co-filed by institutional investors at BP, Shell, Chevron, ExxonMobil, and TotalEnergies
April 12 2023
INVESTOR BRIEFING 2023 AGM season This brief provides an update on the five climate resolutions that will be put to a vote Shell’s, BP’s, ExxonMobil’s, Chevron’s, and...
Large coalition of investors and activist shareholder file climate resolution at TotalEnergiesÂ
April 6 2023
Resolution, requesting emissions cut by 2030, is similar to those at Shell, BP, ExxonMobil and Chevron  Seventeen leading investors with assets under management of around...
TotalEnergies’ bet on gas means no big emissions cut by 2030
March 22 2023
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...
BP advises shareholders to vote against Follow This climate resolution as pension funds increase pressure
March 13 2023
PRESS RELEASE on BP AGM on April 27Â BP advises shareholders to vote against the Follow This climate resolution (resolution 25) that requests the oil major to align its 2030...
BP insists it is not slowing green transition to cash in on high oil prices
March 6 2023
The Financial Times — BP insists it is not slowing green transition to cash in on high oil prices The boss of BP’s US business has insisted that the company is sticking with...
Leading investors co-file climate resolutions at Shell, BP, Chevron, and ExxonMobil, focusing on medium-term Scope 3 targets
February 27 2023
INVESTOR BRIEFING media overview Six institutional investors (managing € 1.3 trillion in total*) have co-filed one or more Follow This climate resolutions for 2023, as...
BP backtracks on climate aim, increasing investments in oil and gas
February 7 2023
Response Follow This to BP’s 2022 results and plans BP backtracked on its aim to reduce emissions: the company changed its ‘Aim 2’ to reduce the Scope 3 (product) emissions...
Shell’s Profit Soared to $42 Billion Last Year
February 3 2023
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,...
At most 14% of Shell’s investments to renewables in 2022 despite windfall profits
February 2 2023
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...
Big Oil poised to smash annual profit records — sparking outcry from campaigners and activists
February 2 2023
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
December 19 2022
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
November 28 2022
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
October 27 2022
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...
NEWS
- How investors voted on climate change at Big Oil AGMs
- HSBC challenges Big Oil more often than peers
- HSBC takes the lead in the UK as peers retreat from climate stewardship at Big Oil
- FD – Onder Ons – ‘Mark is enorm gefocust. En hij ziet altijd kansen’
- Shell to grow its fossil fuel business in collision course with Paris Accord