News
Recent news from Follow This, including the latest investors briefings.
Shareholders’ rebellion over non-committal “climate ambitions”
In 2020, the AGM season for Big Oil was characterized by a shareholders’ rebellion over non-committal “climate ambitions” This year’s AGMs of Equinor, Shell, and Total showed the exact same pattern: all three companies announced a “new climate ambition”, rejected the...
Briefing for climate lawsuit Friends of the Earth Netherlands vs Shell
Tuesday 15 December and Thursday 17 December are the third and fourth days of hearings in the lawsuit of Friends of the Earth NL vs. Shell. Shell can easily avoid a lengthy legal process by accepting the Follow This climate resolution, as Friends of the Earth NL uses...
Investors urge Total to set Paris-aligned targets
PRESS RELEASE AGM season closes with a third shareholders’ rebellion over non-committal “climate...
BP also can’t confirm its emissions will be down by 2030
PRESS RELEASE This AGM season Follow This is asking every oil major whether its climate ambition...
Total’s AGM will reveal a schism in French investor community between “act on climate” and “a good relationship”
Media briefing about climate resolution at Total (for French journalists) In France, like in every...
Support for Follow This climate resolution Shell more than doubles to 14.4%
Shell retreats with non-committal “new ambition” for 2050 A substantial body of investors has urged Shell to take concrete action by setting concrete targets to reduce emissions. At the company’s AGM today, 14.4% of shareholders voted for the Follow This climate...
27% for Follow This climate resolution at Equinor
PRESS RELEASE Votes for Follow This climate resolution at Equinor double to 27%, despite company’s new climate ambitions Follow This climate targets resolution received 27% of the non-governmental votes (up from 12% in 2019) Majority shareholder, the Norwegian State,...
For the first time, ISS advises shareholder to vote FOR Follow This climate targets resolutions (at Equinor and Shell)
MEDIA BRIEFING At Shell, ISS’s sustainable advice if FOR, ISS’s standard advice is AGAINST At Equinor, both ISS’s sustainable and standard advices are FOR Shell will answer (or avoid) three crucial questions during its pre-AGM-Q&A-session today (13 May, 12:00...
Shell won’t guarantee shareholders that new climate ambition leads to emissions reductions by 2030
Press release Despite its new ambition, Shell couldn’t guarantee that its new climate ambition will lead to the necessary actions to achieve the Paris Climate Agreement, in response to questions from Follow This during its pre-AGM Q&A webinar today. According to...
Press release – Equinor cuts dividend and rejects shareholder support on climate targets
PRESS RELEASE Board advises shareholders to vote against Follow This climate resolution Resolution requests targets for the reduction of product emissions (Scope 3) Resolution one of five climate resolutions at major oil companies with identical requests (Equinor,...
New ambition Shell falls short of Paris goal
PRESS RELEASE Board rejects opportunity for shareholder support on climate targets Shell’s directors advise shareholders to vote against the Follow This climate resolution that supports the company to align with the Paris Climate Agreement. The board calls the...
Climate targets resolution at Total
PRESS RELEASE Paris-aligned targets for all emissions (Scope 1,2, and 3) become mainstreamA coalition of institutional investors announced today that they have filed a climate targets resolution at Total. “Follow This is delighted that institutional investors have now...
Investor briefing on climate targets resolution at Shell’s AGM
Why your votes matter This email briefing is intended to help shareholders make an informed voting decision on the climate targets resolution at Shell’s AGM on 19 May 2020. Our resolution supports Shell to bring its emissions targets (Scopes 1, 2, and 3) in line with...
BP and Follow This agree to work towards a climate resolution for 2021
PRESS RELEASE Follow This withdraws climate resolution for 2020 AGM BP and Follow This have agreed to collaborate in drafting a climate resolution for 2021, they announced in a joint press release today. The 2021 climate resolution will offer shareholders the...
