CNBC Archives - Follow This

How activist investors plan to take on Big Oil at the 2026 AGM season

January 15, 2026

Follow This returns to the AGM season with a new strategy. The group now targets financial risks to push Big Oil toward a cleaner future.

“BP made a panic U-turn on their climate targets”

April 22, 2025

Follow This founder Mark van Baal discusses BP's insincere climate transition, noting investors' strong signal against the company's recent strategic U-turn.

Oil giant BP braces for shareholder showdown over green strategy U-turn

April 17, 2025

According to CNBC, BP faces shareholder backlash at its AGM, with investors planning to vote against Chair Helge Lund over the firm's climate U-turn.

Oil giant Shell waters down its near-term emission cuts in strategy update

March 14, 2024

Oil giant Shell has announced a moderation of its near-term carbon emissions cuts, prompting criticism from activist shareholder group Follow This.

U.S. oil giant Exxon Mobil sues activist investors to prevent climate proposals

January 22, 2024

Exxon Mobil filed a lawsuit against climate-focused investors Arjuna Capital and Follow This, aiming to block a shareholder proposal regarding emissions reduction targets.

Big Oil poised to smash annual profit records — sparking outcry from campaigners and activists

February 2, 2023

According to Follow This, 2022 was the year "the empire struck back" as oil majors and high oil prices convinced some investors to prioritize energy security over climate.

Big Oil braces for shareholder revolt over climate plans in proxy voting season

May 11, 2022

Climate votes are set to increase as activist investors, led by the Dutch group Follow This, urge shareholders to push energy majors to align with the Paris Agreement.

Dutch court: Shell must cut emissions by 45% by 2030 in landmark case

May 26, 2021

A Dutch court ordered Royal Dutch Shell to cut its carbon emissions by 45% by 2030. This landmark ruling puts pressure on a major corporate polluter to align its business with the Paris Agreement.