Mastodawn

https://www.taz.de/!6172695

Abgesagte Klimastrategie: Revolte der Aktionär*innen bei Ölkonzern BP

Glänzende Geschäfte durch den Irankrieg, dennoch unzufriedene Anteilseigner*innen wegen der Klimakrise: BP erwartet eine turbulente Hauptversammlung.

TAZ Verlags- und Vertriebs GmbH

The Bad Place Apr 23

The Guardian | BP board suffers triple climate rebellion from shareholders by Jillian Ambrose

AI generated summary, Read the full article for complete information.

More than half of BP shareholders at its annual general meeting rejected the company’s plan to end climate‑related reporting and to replace in‑person AGMs with online‑only events, while 18 % voted against the re‑election of chair Albert Manifold. The opposition, led by major investors such as Legal & General Investment Management and backed by proxy advisers Glass Lewis and ISS, criticised Manifold for diluting climate disclosures and ignoring a resolution from the activist group Follow This that questioned how BP could create value as oil‑demand falls. The revolt, described as “unprecedented,” underscores mounting investor pressure on BP—now led by new chief executive Meg O’Neill—to improve capital discipline, respect shareholder rights, and reconcile its oil‑gas expansion with a global shift away from fossil fuels.

#BP #AlbertManifold #Legal&General #FollowThis #energyindustry #MarkvanBaal #NickMazan #MegO’Neill #BernardLooney

AI generated summary, Read the full article for complete information.

BP board suffers triple climate rebellion from shareholders

More than 50% of voters at first AGM under new leadership oppose plans to scrap climate reporting

The Guardian

errorbody May 29, 2025

I was wondering if someone on #Mastodon is also a member of #FollowThis (https://www.follow-this.org/)

I hope that #FollowThis can pressure #BigOil even more with their new membership model. I'd love to see an official account from the team on Mastodon. They haven't posted on X for months. It's time for them to come here.

#ClimateAction #activistshareholders #powertothepeople

Follow This | Green shareholders change the world

Follow This Feb 3, 2025

Follow This: ‘Het bestuur brengt de toekomst van Shell in gevaar door de energietransitie te negeren’

'Het IEA voorspelt een afname van de vraag naar olie en gas na 2029. Zelfs aandeelhouders die niets geven om klimaatrisico’s en alleen om de waarde van hun aandelen zouden zich zorgen moeten maken over Shells hardnekkige negeren van ontwikkelingen in de energiemarkt.'

Lees meer: https://www.follow-this.org/follow-this-het-bestuur-brengt-de-toekomst-van-shell-in-gevaar-door-de-energietransitie-te-negeren/
Steun Follow This: https://webshop.follow-this.org

#followthis
#Shell
#klimaatverandering

Follow This: ‘Het bestuur brengt de toekomst van Shell in gevaar door de energietransitie te negeren’ | Follow This

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Ron Nov 14, 2024

Milieudefensie (Friends of the Earth), the environmental group that brought the case, expresses disappointment but remains determined to hold polluters accountable. “We will keep fighting until all polluters have adopted sustainable practices, #milieudefensie said.
#FollowThis “The court’s decision makes clear that investors, the owners of the company, have a key role in holding the company to its climate obligations and steering them towards clean energy.”

Ron Nov 14, 2024

A Dutch court overturned the 2021 ruling requiring #shell to reduce its CO2 emissions by 45% by 2030. However, the court upheld that Shell still has an obligation to reduce emissions, although it didn’t specify a target.
#FollowThis “the court’s decision to relieve Shell from the obligation to cut its carbon emissions by 45% is a setback in the fight against climate change. Currently, Shell lacks targets for significantly reducing its Scope 3 emissions by 2030.”
https://www.follow-this.org/shell-avoids-mandatory-emission-cuts-but-responsibility-to-reduce-emissions-remains/

RTL Nieuws Feb 2, 2024

𝗙𝗼𝗹𝗹𝗼𝘄 𝗧𝗵𝗶𝘀 𝗰𝗮𝗻𝗰𝗲𝗹𝘁 𝗸𝗹𝗶𝗺𝗮𝗮𝘁𝘃𝗼𝗼𝗿𝘀𝘁𝗲𝗹 𝗘𝘅𝘅𝗼𝗻𝗠𝗼𝗯𝗶𝗹 𝘂𝗶𝘁 𝘃𝗿𝗲𝗲𝘀 𝘃𝗼𝗼𝗿 𝗿𝗲𝗰𝗵𝘁𝘀𝘇𝗮𝗮𝗸

De activistische Nederlandse beleggersgroep Follow This trekt een klimaatvoorstel, dat ervoor moest zorgen dat oliebedrijf ExxonMobil de uitstoot verder terugdringt, in. Dat moet een juridische strijd voorkomen.

https://www.rtlnieuws.nl/economie/beurs/artikel/5432817/follow-geen-klimaatplan-exxonmobil-esso-vrees-bang-voor-rechtszaak

#FollowThis #klimaatvoorstel #ExxonMobil

Follow This cancelt klimaatvoorstel ExxonMobil uit vrees voor rechtszaak

RTL Nieuws

Duurzaamnieuws.nl Jan 25, 2024

De omgekeerde wereld: oliebedrijf #ExxonMobil klaagt klimaatgroep aan om oproep aan aandeelhouders: https://www.duurzaamnieuws.nl/exxonmobil-klaagt-follow-this-aan-wegens-klimaatresolutie/ #followthis #klimaat #klimaatresolutie

ExxonMobil klaagt Follow This aan wegens klimaatresolutie

De Amerikaanse oliemaatschappij ExxonMobil klaagt Follow This aan om een stemming te blokkeren over een klimaatresolutie die is ingediend door de groene activist.

Duurzaamnieuws

SubtleBlade ⚔️Jan 22, 2024

#US #OilCompany #ExxonMobil sues to block investors’ #ClimateProposals

Motion by #FollowThis called on #EnergyFirm to accelerate attempts to cut #GreenhouseGasEmissions
https://www.theguardian.com/business/2024/jan/22/us-oil-company-exxonmobil-investors-climate-follow-this
#ClimateCrisis #FossilFuels #DontLookUp #Esso

US oil company ExxonMobil sues to block investors’ climate proposals

Motion by Follow This called on energy firm to accelerate attempts to cut greenhouse gas emissions

The Guardian

RTL Nieuws Jan 22, 2024

𝗘𝘅𝘅𝗼𝗻𝗠𝗼𝗯𝗶𝗹 𝗸𝗹𝗮𝗮𝗴𝘁 𝗸𝗹𝗶𝗺𝗮𝗮𝘁𝗯𝗲𝗹𝗲𝗴𝗴𝗲𝗿 𝗙𝗼𝗹𝗹𝗼𝘄 𝗧𝗵𝗶𝘀 𝗮𝗮𝗻: '𝗛𝗲𝗲𝗹 𝗱𝘂𝗯𝗶𝗲𝘂𝘀'

Olie- en gasconcern ExxonMobil daagt de activistische beleggingsorganisatie Follow This voor de rechter. ExxonMobil wil niet dat beleggers op de aandeelhoudersvergadering in mei mogen stemmen over een klimaatresolutie van Follow This. Beleggersvereniging VEB veegt de vloer aan met...

https://www.rtlnieuws.nl/economie/bedrijven/artikel/5430759/exxonmobil-esso-klaagt-followthis-mark-van-baal

#ExxonMobil #klimaatbelegger #FollowThis

ExxonMobil klaagt klimaatbelegger Follow This aan: 'Heel dubieus'