In this crucial decade, the world needs to almost halve emissions to limit warming to 1.5° and the oil and gas industry must keep pace with these reductions. Our climate resolutions support publicly listed oil and gas companies to set Paris-aligned targets to reduce all emissions (scope 1,2 and 3).
A record 27 investors co-filed a Shell climate resolution for Paris-aligned targets.
Since 2016, Follow This has filed climate resolutions at oil majors.
Analysis of top 10 UK asset managers' votes on Big Oil climate resolutions.
The success of our resolutions shows: shareholder activism works.
This season we focused on building a strong coalition of large shareholders to co-file a climate resolution with Follow This at Shell.
The shareholder resolution requests the oil major to align its medium-term emissions reduction targets with the Paris Climate Agreement.
Support for Paris-aligned targets will provide Shell with a shareholder mandate to lead the energy transition, causing an industry-wide ripple effect.
We managed to bring together a record number of 27 institutional investors (managing more than € 3.9 trillion* in assets) filing a climate resolution at Shell.
We hope more investors will follow and are continuing our efforts to build up the vote.
