Financial Times

BP is facing a shareholder revolt after blocking a Follow This climate proposal. Major investors now plan to vote against the chair's re-election.
BP recently blocked a climate proposal from Follow This, sparking a backlash from major investors like L&G who now oppose the chair's re-election.
Glass Lewis and Legal & General both oppose the re-election of BP chair after BP blocked a Follow This climate resolution from its AGM.
BP is facing potential legal action after blocking a shareholder climate resolution, a move Follow This calls "an unprecedented attack on investor rights."
ExxonMobil's latest move to silence shareholders: an automated voting system where the votes of retail investors automatically align with management.
Dutch pension fund PFZW pulled $14 billion from BlackRock, highlighting a widening split between European and American investors over sustainable investing.
Following a surge in oil prices, companies are investing in deepwater drilling again, sparking climate concerns about new fossil fuel projects.
The International Energy Agency is at the center of a debate over its shift toward clean energy, drawing criticism from the oil industry and US Republicans.
BP’s board is selling its onshore wind business, a $2 billion asset, signalling its intention to remain in oil and gas.
A U.S. judge has dismissed ExxonMobil's lawsuit against Follow This, ending a legal battle over climate change risks.
Fifth of Shell's shareholders, including 27 co-filers, voted to urge the company to reduce its emissions, as revealed by their voting records.
Some of the UK’s largest asset managers, including Legal & General Investment Management, voted against a resolution asking Shell to align with the Paris agreement.
ExxonMobil's board of directors easily won re-election, despite a shareholder campaign led by Follow This protesting the company's lawsuit against investors.
In an epic legal clash, ExxonMobil sued two climate-focused shareholder groups, igniting a debate over shareholder rights and corporate accountability that has prompted a revolt.
At Shell's latest annual meeting, shareholders largely backed the company's decision to weaken its climate targets and rejected a resolution from activist investors.
Some investors, including Amundi and Axa,are urging shareholders to support a Follow This resolution that demands Shell aligns its climate targets with the Paris Agreement.
At the Financial Times Climate Capital Live summit, Follow This founder Mark van Baal asserts that shareholder resolutions are a key tool to force oil majors to reduce emissions.
Shell's decision to weaken its climate targets to allow for continued gas business growth has drawn criticism from activist group Follow This.
Follow This accuses ExxonMobil of bullying shareholders and attacking their rights by continuing a lawsuit.
ExxonMobil's lawsuit against climate activists, challenging shareholder proposals, has sparked global concern over investor rights and corporate governance.
Norway’s sovereign wealth fund has sharply criticized ExxonMobil’s aggressive lawsuit against climate activist shareholders, including Follow This, calling it a worrying threat to investor rights.
Forced to confront shareholder climate demands, ExxonMobil is now clashing with Follow This, a small but influential shareholder movement.
In a move with a potential chilling effect on shareholder activism, ExxonMobil has sued the climate group Follow This. As a result, the group has withdrawn its climate resolution.
ExxonMobil is suing activist investors Follow This and Arjuna Capital to prevent a shareholder climate resolution from reaching a vote, marking an escalation in corporate-activist battles.
Follow This has rallied 27 investors, including Europe's largest asset manager Amundi, to co-file a climate resolution for Shell's upcoming annual general meeting.
Follow This responded to ExxonMobil's acquisition of Pioneer Natural Resources, saying the deal shows the company's disbelief in the Paris Agreement.
Writing in The Financial Times, Follow This founder Mark van Baal argues that shareholders hold the key to forcing Big Oil to change its failing business model.
Despite announcing record 2022 profits, BP insists it's not slowing its green transition, even as it scales back emission goals.
While Shell opposed the proposal, Follow This said the 20% vote was a significant shareholder rebellion, highlighting the need for business model changes.
Following a petition from Follow This, the SEC will force Occidental Petroleum to hold a shareholder vote on tougher climate targets.
For decades, environmentalists have demonstrated outside oil and gas offices. Now, a new kind of climate activist, the shareholder, is fighting for change from within.
Shell's shareholders approved the company's move to the UK, with some demanding stronger climate commitments from the energy giant.
Following activist hedge fund Third Point's push to break up Royal Dutch Shell, the shareholder group Follow This is skeptical of the move's environmental benefits.
BP's shareholders, led by the activist group Follow This, have sent a strong signal for more ambitious climate action despite their resolution failing to pass.
The Securities and Exchange Commission has ordered two US oil giants to hold shareholder votes on new climate proposals, signalling a major shift for the regulator.
An influential investor group demanded the world's largest emitters set 2050 net-zero strategies and 2030 medium-term targets, a step forward welcomed by Follow This.
Activist shareholder group Follow This has withdrawn its high-profile climate resolution against Royal Dutch Shell, citing the company's progress on emissions targets.
Investors are pressuring BP to align its business strategy with the Paris Agreement on climate change, as rival Shell sets new targets.
Despite an initial 6% vote, shareholder activism compelled Royal Dutch Shell to set firm carbon emission targets tied to executive pay.
Mark van Baal from Follow This criticizes Shell's Ben van Beurden for complacency, arguing that the company needs to explore new business models.
Exxon sued us in 2024. BP is blocking us now. We're not stopping

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