Reuters | Climate activist shareholder group Follow This and more than 20 other investors have filed resolutions calling on BP and Shell to disclose how they will create value if global demand for oil and gas declines, the group said on Wednesday.
The resolutions reflect a strategic shift on the part of the Dutch activist group, after it said in April that a lack of investor appetite had forced it to suspend its nearly decade-long campaign of seeking stronger commitments from major oil and gas producers to emissions cuts.
[…]Along with other producers, the two companies have cut back their renewable energy pledges to focus investment on oil and gas projects.
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