RI: Oil majors’ promises need a reality check
“Each of them wants to remain a fossil fuel giant, only not look like one,” said Van Baal. “Apparently far more pressure from society and responsible investors is needed to make oil executives see the writing on the wall.” According to a report from Oil Change...
Equinor aims for net zero emissions by 2050
Reuters: Mark van Baal, head of Dutch activist group Follow This, said Equinor’s targets seem the most ambitious in the industry, but its plans to produce more oil and gas this decade contradict the goals of the Paris climate agreement. “It’s like reaching for the...
IN THE MEDIA
Keynote tijdens Building Holland – Nederlands
Keynote van Mark van Baal tijdens Building Holland congres 2020. We kunnen klimaatverandering alleen stoppen door ervoor te zorgen dat de olie-industrie van koers verandert, te beginnen bij Shell,”...
Keynote at Building Holland
We can only stop climate change, when we make sure the oil industry changes course. That’s why we started Follow This, a movement of green shareholders in oil and gas companies. Our mission:...
RI: Oil majors’ promises need a reality check
“Each of them wants to remain a fossil fuel giant, only not look like one,” said Van Baal. “Apparently far more pressure from society and responsible investors is needed to make oil executives see...
NEWS
Influential investor group demands ‘net-zero’ targets
Climate Action 100+, the influential investor group whose 518 members include BlackRock and Pimco, has written to the world’s largest greenhouse gas-emitting companies to demand they put in place a “net-zero strategy” for 2050 or earlier. The organisation, which...
Some supermajors want to remain oil giants but not ‘look like it’, activist investor says
A Dutch shareholder activist has accused some oil and gas majors of talking the talk but not walking the walk on shifting to cleaner investments. Mark van Baal, leader of shareholder group Follow This, hit out at supermajors for publicising ambitions, without...
Reuters: Equinor rejects climate resolution proposals
Equinor’s board has rejected all shareholder climate resolutions, including one asking to set more ambitious emission reduction targets, the company said in a notice to the annual shareholders’ meeting published on Thursday. Follow This, a group representing about...
Interview with Follow This about the oil crisis and the climate crisis
The oil price has collapsed, and Shell is having to take drastic steps: sweeping layoffs and for...
Despite Recent Commitments, Big Oil Still Behind On Climate Change
As most Big Oil majors have recently made commitments to reduce their carbon footprint and help...
Influential investor group demands ‘net-zero’ targets
Climate Action 100+, the influential investor group whose 518 members include BlackRock and Pimco,...
Some supermajors want to remain oil giants but not ‘look like it’, activist investor says
A Dutch shareholder activist has accused some oil and gas majors of talking the talk but not walking the walk on shifting to cleaner investments. Mark van Baal, leader of shareholder group Follow This, hit out at supermajors for publicising ambitions, without...
Reuters: Equinor rejects climate resolution proposals
Equinor’s board has rejected all shareholder climate resolutions, including one asking to set more ambitious emission reduction targets, the company said in a notice to the annual shareholders’ meeting published on Thursday. Follow This, a group representing about...
Total Investors Urge Oil Major to Adopt Tougher C02 Goals
Total SA investors called on the oil major to put broader limits on carbon emissions, increasing pressure on the French company to match commitments made by peers ahead of its annual shareholder meeting. Follow This, a separate group of activist shareholders, said...
Santos Climate Vote Is Warning to Oil Majors, Says Follow This
The results of a climate-change shareholder resolution calling for Paris Agreement-aligned targets at Australian oil company Santos is a warning to oil-and-gas majors Royal Dutch Shell and Equinor, says Mark van Baal, founder of Follow This, a group of oil company...
Climate vote at Santos sets new Australian record
“This voting outcome is very promising for the AGM season in Europe, where Shell and Equinor face resolutions with the exact same request for Paris-aligned targets for all emissions (Scope 1, 2, and 3)”, added Mark van Baal, Founder of Follow This, the Dutch...
BP Agrees to Draft Climate Change Shareholder Resolution
BP said it would work on the shareholder proposal with Follow This, a group of investors in oil-and-gas companies that push major oil companies to fall in line with the Paris Agreement. In response, Follow This said it has withdrawn its climate change resolution that...
BP to Join Forces With Activist Investor on Climate Resolution
BP is teaming up with Dutch activist investor Follow This to draft a climate resolution for its annual general meeting next year, in what will be a test of shareholders’ faith in the oil major’s new green ambitions. The resolution will ask shareholders if they are...
BP, activist shareholder to jointly draft climate resolution
BP and climate-focused Follow This have agreed to jointly draft a shareholder resolution on BP’s climate goals for its 2021 annual general meeting (AGM), they said in a statement on Friday. The move comes after BP Chief Executive Officer Bernard Looney outlined...
Less Oil, No Carbon, Few Answers: BP CEO’s Hazy Vision of Future
“Looney made an outstanding decision,” said Mark van Baal of Follow This, an activist investor that’s been pressing oil companies to set carbon targets. “We, the shareholders, have to support him through thick and thin now.” Read more and watch the interview on...
Equinor Pledges New Climate Goals
Norwegian energy major Equinor ASA (EQNR.OS) said Thursday that it would reach carbon neutrality from its operations by 2030, boost renewable energy tenfold by 2026 and cut its carbon intensity by at least half by 2050. Follow This, the environmental investor group...
BP looks to charismatic oil man to lead response to climate crisis
The Guardian: Mark van Baal, from the Dutch shareholder activist group Follow This, warns that a career steeped in oil reserves may make it difficult for Looney to “imagine a future beyond oil and gas” or see renewables “as a business opportunity not a chore”. Bernard...
The Reason Fossil Fuel Companies Are Finally Reckoning With Climate Change
“The only reason Shell has made this leap forward is because investors started supporting our resolution,” Follow This founder Mark van Baal told me. Time Magazine | January 16, 2020 As concerns grow over the existential challenges posed by climate change, Shell must...
SHELL
Keynote tijdens Building Holland – Nederlands
Keynote van Mark van Baal tijdens Building Holland congres 2020. We kunnen klimaatverandering alleen stoppen door ervoor te zorgen dat de...
TOTAL
Keynote tijdens Building Holland – Nederlands
Keynote van Mark van Baal tijdens Building Holland congres 2020. We kunnen klimaatverandering alleen stoppen door ervoor te zorgen dat de...
CHEVRON
Keynote tijdens Building Holland – Nederlands
Keynote van Mark van Baal tijdens Building Holland congres 2020. We kunnen klimaatverandering alleen stoppen door ervoor te zorgen dat de...
EQUINOR
Keynote tijdens Building Holland – Nederlands
Keynote van Mark van Baal tijdens Building Holland congres 2020. We kunnen klimaatverandering alleen stoppen door ervoor te zorgen dat de...
EXXONMOBILE
Keynote tijdens Building Holland – Nederlands
Keynote van Mark van Baal tijdens Building Holland congres 2020. We kunnen klimaatverandering alleen stoppen door ervoor te zorgen dat de...
BP
Keynote tijdens Building Holland – Nederlands
Keynote van Mark van Baal tijdens Building Holland congres 2020. We kunnen klimaatverandering alleen stoppen door ervoor te zorgen dat de...