BP and Equinor under more pressure than Shell to set targets for all emissions, thanks to investors who supported the Follow This climate resolutions

June 25th, 2019|

INVESTORS BRIEFING

We thank all the investors who supported the Follow This climate resolutions at BP and Equinor, in particular the majority of the biggest Dutch investors (table above).

All emissions

Thanks to these investors, the boards of BP and Equinor received a strong signal to assume responsibility for all their emissions, including […]

Scope 3 or Not Scope 3?

May 7th, 2019|

Investors Face Crucial Question at Oil Majors’ AGMs:

Scope 3 or Not Scope 3?

A year ago, sixty of the world’slargest investors urged the oil and gas industryto “take responsibility for all of its emissions”in an open letterin the Financial Times, just a few days before Shell’s 2018 AGM.A year later, […]

Follow This files fifth climate resolution at Equinor

December 21st, 2018|

Five oil majors face same climate resolutions at AGMs in 2019

Follow This has filed a climate resolution for Norwegian oil major Equinor (formerly Statoil). The resolution is identical to resolutions already filed for BP and Shell, and similar to resolutions for ExxonMobil and Chevron, which Follow This has co-filed. All […]

How can investors support oil majors to commit to Paris?

January 19th, 2018|

Saker Nusseibeh (CEO Hermes Investment Management), Narina Mnatsakanian (Kempen Capital Management), Jeremy Leggett (SolarAid), Catherine Howarth (ShareAction), Ben Pimcombe (PRI), Mark Lewis (TCFD),  Adam Matthews (Church of England), and Mark van Baal (Follow This) will discuss shareholder engagement and shareholder resolutions in the oil industry.

Central question: How […]

New Follow This resolution test case for Shell’s new course

December 22nd, 2017|

Summary

  • Follow This files new shareholder resolution (attached)
  • We anticipate support of Shell and its shareholders for this resolution, for the following reasons:
    1. Shell changed course in response to the previous resolution
    2. Follow This has solved all practical objections to the previous resolution (see paragraph “changes” of the […]

62 % shareholders: ExxonMobil, report on climate change

May 31st, 2017|

“first step towards taking action”

31 May 2017 – At the ExxonMobil AGM 62 % of the shareholders voted in favour of a resolution asking the oil company to report on the consequences of climate change for its way of doing business (*). The board of directors […]

Shareholders encourage Shell to take green turn

May 23rd, 2017|

“Are we the last generation shareholders?” asked Mark van Baal at the beginning of his speech.

Today 6.2 percent (representing 6.3 billion euros) of the shareholders voted for the green Shell resolution of Follow This. This resolution asks Shell to commit to the Paris climate agreement. In comparison […]

Responsible Investor: support builds for climate proposal at Shell

May 17th, 2017|

Some leading investors are already backing Follow This resolution, uncovers Responsible Investor, a global news service for institutional investor.

Summary, read the complete story here

A shareholder resolution calling on Royal Dutch Shell to set greenhouse gas (GHG) emission reduction targets, promoted by the NGO Follow This, has seen growing […]