Case for support

Follow This is a shareholder movement driving real change in the fight against climate change. We transform Big Oil from the inside by filing shareholder resolutions demanding ambitious climate targets. You can help us accelerate the transition to clean energy.

Urgent climate action

It’s time for corporations to act on climate. And you can hold the key.

The climate crisis is real, and the window for action is rapidly closing. Every day of inaction costs lives, ecosystems, and the future of our planet. Despite this, right now, companies continue to prioritise profits over people, but we have the power to change that. 

Big Oil has to change

Major oil companies continue to prioritise profits over people, but we have the power to change that. Protests and global outrage are not moderating their behaviours. One group who they have to listen to are their shareholders. Follow This is here to demand more from the biggest polluters, and we’re asking you to stand with us. 

Together, we can force the change the world needs before it’s too late. Companies have been acting with impunity, prioritising their bottom lines and profits over the world. But now, they must stop and listen to the outside pressures of the globe. We can make them listen by empowering shareholders to compel Big Oil to make meaningful and impactful emission reduction targets, placing the climate crisis at the centre of business agendas.

Support Follow This to empower these shareholders to change big oil.  Will you act?

We value Follow This for their exceptional expertise in navigating the complex power structures of oil majors, understanding internal decision-making processes, and developing innovative strategies to drive change from within these (often opaque) companies. We admire their unique and innovative approach in raising the ambition of other institutional investors, and convincing them to file or co-file progressive resolutions. The fact that traditionally conservative investors, who typically vote in line with the boards of Oil Majors have realized that they can tangibly influence company policy is exactly the type of pragmatic activism we seek to support.
Funder

London

We are realizing the need for fossil fuel in the short term horizon and we support the idea of integrated energy companies transitioning their business models. In conjunction with the recent conclusion from Cop 28 in transitioning away from fossil fuel, we see the need for open communication and a clear strategy of how it should be realized from the individual energy companies that we are invested in.
Investor

Senior Portfolio Manager at AP4

Green investor action

Green shareholders push Big Oil to embrace the Paris Agreement.

Follow This is a movement of green shareholders pushing oil and gas companies to address climate change. We file resolutions, mobilize investors, and raise awareness to demand Big Oil align with the Paris Agreement and lead the clean energy transition.

Mission

Our mission is empowering shareholders to compel high emitters to drive down GHG emissions in line with the Paris Climate Agreement.

Vision

We envision a financial culture in which investors use their shareholder rights to support the long-term interest of companies, the global economy, and the planet.

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Corporate accountability

Big Oil is putting the Paris Agreement and the planet's future at risk.

Major oil corporations aren’t doing enough on climate change. Their continued investment in fossil fuels and harmful practices jeopardizes the Paris Agreement and our planet. They have the power to make a real difference, but without accountability, emissions will keep rising, causing irreversible damage. We must demand change now.

The problem

Right now, the world’s biggest companies are doing far too little to tackle the climate crisis. While they make promises about sustainability, they’re still investing billions in fossil fuels and maintaining business models that harm the planet. These companies are responsible for a huge percentage of global emissions, and they’re not moving fast enough. 

Since 2016, ExxonMobil of the United States, which was linked to 3.6 gigatonnes of CO2 over seven years, or 1.4% of the global total. Close behind were Shell, BP, Chevron and TotalEnergies, each of which was associated with at least 1% of global emissions.

Why it matters

Without corporate accountability, emissions will keep rising and the planet will suffer irreversible damage. CO2 levels are rising faster than ever before.

 

Climate change is the most critical challenge of our time. Carbon dioxide (CO2) is accumulating in the atmosphere faster than any time experienced during human existence, rising by more than 10% in just two decades.  The time for action is now, and we have the power to hold these companies accountable.

 

Governments and the courts are too slow to act so we now must look to businesses. As the biggest emitters, Big Oil also has the biggest responsibility and capacity to make change.

Who's affected?

Everyone is suffering, from the west to the global south. But the people with the most power to change are not only the least affected but we are suffering from their short term, profit focused decision. 

These are corporations that continue to fuel the crisis through their actions.

Shareholder action

Our solution

Follow This empowers shareholders to drive climate action at Big Oil. We work with shareholders to file resolutions at AGMs, demanding meaningful emissions reductions. We believe this combination of external and internal pressure is key to real change.

Follow This empowers shareholders to drive climate action within Big Oil. We believe real change comes from combining external pressure with internal advocacy. We work with, through, and on behalf of shareholders to ensure these companies ensure us a better future. We do this by filing shareholder resolutions at Big Oil AGMs, compelling them to take concrete steps towards a sustainable future.

Our approach is centered on empowering the voice of Shareholders — as we believe that when investors call for change, companies take notice.

Our work is based on the idea that shareholders aren’t using their power to support climate-friendly businesses because there are conflicting views on how to invest, engage, and handle responsibilities. Focused too much on short-term gains, individual company assessments, and comparing with peers, shareholders miss opportunities to address climate risks and benefits across their entire portfolio. 

We aim to help shareholders understand their rights and responsibilities so they can take action that promotes climate-friendly business practices and reduces corporate emissions. Through this, we hope investors will see the value in long-term, sustainable investments and manage risks effectively, while also ensuring they meet their duties and maximize returns for their clients.

CLIMATE action

How do we operate?

Beyond filing climate resolutions, we also conduct research, build awareness, and collaborate with networks to advance climate action.

Building awareness

External communications are essential for garnering support for our climate resolutions, building our citizen grassroots movement and creating pressure on investors and oil and gas companies to be proactive in addressing the climate crisis.

  • Corporate Accountability: We track the progress of companies and hold them accountable for their climate commitments.
  • Campaigns: We mobilise the public to pressure companies and government bodies to take bold, decisive action on climate change.
  • Shareholder empowerment: We make sure shareholders are aware of their rights as owners of the companies in which they invest. We further encourage them to understand that it is part of their fiduciary responsibility to act on climate; when one company within their portfolio is generating externalities which threaten the value of that portfolio, they have a duty to mitigate.
Research

Our research directly supports and informs our awareness building efforts. Through this research, we hope to create more transparency around how institutional investors and oil and gas companies approach their climate responsibilities. 

We conduct and publish a variety of key research, from the legal and geo-political landscape across the USA and Europe to deep insights on proxy voting patterns and its influence on climate-friendly regulations and policies.

Network collaboration

Follow This remains a key contributor to the network of actors working to push the energy transition while the work of our partners simultaneously helps build our capacity.

Investor pressure

Outcomes

Beyond filing climate resolutions, we also conduct research, build awareness, and collaborate with networks to advance climate action.

Our work forces companies to take responsibility for their emissions and set real, measurable targets. We’ve already had significant success in getting companies to commit to more aggressive climate goals. But we need your support to push even harder.

Our approach is rooted in giving shareholders a collective voice — because we believe that when investors demand action, companies listen.

Holding Big Oil to account is a long and complex task, mired in the detail of shareholder resolutions and governance. Often it can feel like we take two steps forward and one step back. But we know that these kind of long term engagements are what will bring sustainable change, changing these giants from the inside out. 

Since we were founded in 2015, Follow This has not only produced tangible governance and emission target changes, but we’ve also become a trusted voice, raising issues and concerns in boardrooms, courts and the media. There is still much more to be done, to ensure that companies do not backslide on their commitments and turn them into reality.

And it’s working… Shareholder votes for the Follow This climate targets resolutions increased from 2.7% (2016) to 14.4–27% (2020) and are currently around 20%. 

Measurable Outcomes
  • Four oil and gas companies have climate ambitions for all emissions, including product (Scope 3) emissions which account for 95% of the companies emissions.
  • Follow This successfully survived a lawsuit with ExxonMobil, a clear indicator of our impact—if a multi-billion-dollar company is so threatened by our actions that they resort to a divisive and costly legal battle, it shows we’re hitting the right chords.
  • The CEO of BP invited Follow This to write a climate targets resolution for 2021 to jointly ask shareholders for support for Paris-aligned targets and investments.
  • BP has pledged to shift investments and decrease emissions by 2030.
  • The majority of the ten largest investors in the Netherlands (the so-called Supporting Six) votes for the Follow This climate targets resolution.
  • Follow This established a network of supporters in the investor community.
  • ACCR, an Australian NGO, successfully replicated our climate resolution at Origin Energy, a natural gas and electricity company, and at Santos and Woodside Petroleum, the two largest Australian oil and gas companies
  • Institutional investors (CA100+) replicated our climate resolution at ExxonMobil and Chevron.
  • Our climate resolution was successfully used as formal evidence in the Shell v Milieudefensie case, which held Shell accountable by the Dutch government, for their emission production and mandated a reduction target.

Fund action

Future impact

With your support, we can continue this work and push even harder. The urgent need for systemic change has never been clearer, as we witness oil companies and governments backtrack on promises, underscoring the critical importance of holding the industry accountable and demanding a bold shift towards sustainable solutions.

Our goal is to create a critical mass of companies that are genuinely reducing emissions and aligning their business models with the Paris Agreement. Your support can fund more resolutions, campaigns, and outreach, accelerating the change that is needed.

How you can help

We need you — and your investment — in this fight. Every euro you contribute directly supports our efforts to hold corporations accountable for their role in the climate crisis. Whether it’s funding a shareholder resolution, a public awareness campaign, or legal support to challenge greenwashing, your donation will have an immediate impact.

Without your support, companies will continue to prioritize profits over the planet. But with your help, we can flip the script.

Together, we can ensure that every company knows the only path forward is one that reduces emissions and protects the climate.

Take action now

Don’t wait. Every day counts. Become a part of the movement that is changing the corporate world for the better. 

Urgent action

Join our fight against climate change

We’re facing an unprecedented climate crisis, and the solutions are within our grasp — but only if we act swiftly and decisively.

The Time is Now

Follow This is already making a difference, but we can’t do it without you. We need your help to hold the biggest oil corporations accountable and demand that they stop ignoring the climate emergency.  

Join us in this fight

Donate now and stand with us as we demand a future that puts people and the planet first. Together, we can make the corporate world a leader in climate action. 

Shareholder influence

Pushing Big Oil towards a green future.

Through his NGO Follow This, Mark van Baal is empowering shareholders to push for a rapid energy transition and commitment to the Paris Climate Agreement. And it’s working – major oil companies are now starting to take responsibility for their full carbon footprint.

Follow This founder Mark van Baal speaking ahead of the Shell AGM in The Hague, the Netherlands 2018.

Beyond fossil fuels

Wouldn’t it be great if oil and gas companies put their full weight behind the energy transition to clean energy? That’s what Mark van Baal wondered after seeing Al Gore’s climate documentary ‘An Inconvenient Truth’.

This thought wouldn’t leave him. He quit his job as an engineer and sales account manager and became an energy and climate journalist. He wanted to show how much these fossil fuel companies, and the fight against climate change, would benefit from a rapid energy transition.

He gradually came to the conclusion that these companies can make or break the Paris Climate Agreement. However, they mainly listen to their shareholders, who are primarily focused on maximizing profits. Although shareholders have voting rights at shareholder meetings, they hardly use them to raise climate issues.

To get climate change on the agenda of these meetings, Mark founded Follow This in 2015. A year later, the small Amsterdam-based NGO filed its first resolution. It called on Shell to commit to the Paris Climate Agreement. After all, these companies are responsible for a large part of the CO2 emissions that cause climate change.

Due to the increasing support of large investors for these resolutions, five oil and gas companies have now taken responsibility for their full carbon footprint, including emissions from their products (Scope 3).

Global attention

The world is listening

Follow This is making headlines worldwide. The press is paying attention. For more news on our shareholder activism, visit our website.