Follow This is an NGO that unites responsible shareholders to advocate for climate action within major oil companies, aiming to drive them toward a sustainable future.

Follow This | Shareholders change the world

Follow This

Follow This | Shareholders change the world | 5,999 followers on LinkedIn. Shareholders change the world | Follow This is a non-profit group of 11,000 green shareholders in Big Oil. We empower shareholders to vote for change and compel Big Oil to drive down emissions in line with the Paris Climate Agreement. 
Our vision is a financial culture in which investors use their shareholders&#39; rights to support the long-term interest of companies, the global economy, and the planet.

Nicolaas Bloemers

Michiel Schrijver

Co-founder & CEO of Vaan Yachts

Igor Kluin

Innovation for sustainability. Born @328ppm

. Paul Kengen .

Investors called to transform Big Oil amid Trump’s pro-fossil fuel agenda With Trump in the White House driving a pro-fossil fuel agenda, the climate crisis intensifies. The Paris Climate Agreement stands on shaky ground, and the fight against climate change grows ever more precarious. Trump promises to expand oil, gas, and coal production, rolling back regulations and targeting renewable initiatives. His stance on climate change, seen as a “hoax,” weakens global efforts like the Paris Agreement, jeopardizing climate goals. Throughout his campaign, Trump pledged to roll back climate regulations; dismantle the Inflation Reduction Act, a cornerstone of recent environmental policy; and prioritize the fossil fuel industry, making clear his limited enthusiasm for renewable energy sources, which he views with some skepticism, reserving interest primarily for nuclear power. Institutional investors are now seen as the final safeguard against climate change, especially given Trump’s pro-fossil fuel stance and his plan to fire SEC chair Gary Gensler, which could reduce corporate climate accountability. Investors, particularly those in Big Oil, face a duty to protect the economy from climate risks like extreme weather, which threatens billions in pension funds. By pushing these companies to shift from fossil fuels to clean energy, institutional investors play a critical role in averting the climate crisis. Read our full response to the election of Trump here: https://lnkd.in/eMTF7Z7A _______________________________ Help us to change Big Oil from within and join Follow This now. 👉 https://lnkd.in/eehy67P6 #ClimateCrisis #BigOil #Trump #followthis

Investors called to transform Big Oil amid Trump’s pro-fossil fuel agenda With Trump in the White House driving a pro-fossil fuel agenda, the climate crisis intensifies. The Paris Climate Agreement stands on shaky ground, and the fight against climate change grows ever more precarious. Trump promises to expand oil, gas, and coal production, rolling back regulations and targeting renewable initiatives. His stance on climate change, seen as a “hoax,” weakens global efforts like the Paris Agreement, jeopardizing climate goals. Throughout his campaign, Trump pledged to roll back climate regulations; dismantle the Inflation Reduction Act, a cornerstone of recent environmental policy; and prioritize the fossil fuel industry, making clear his limited enthusiasm for renewable energy sources, which he views with some skepticism, reserving interest primarily for nuclear power. Institutional investors are now seen as the final safeguard against climate change, especially given Trump’s pro-fossil fuel stance and his plan to fire SEC chair Gary Gensler, which could reduce corporate climate accountability. Investors, particularly those in Big Oil, face a duty to protect the economy from climate risks like extreme weather, which threatens billions in pension funds. By pushing these companies to shift from fossil fuels to clean energy, institutional investors play a critical role in averting the climate crisis. Read our full response to the election of Trump here: https://lnkd.in/ehWtsUFS _______________________________ Help us to change Big Oil from within and join us now. 👉 https://lnkd.in/eNTwus-9 👈 #ClimateCrisis #BigOil #Trump #FollowThis#

Shell lowers investments in clean energy to 8%, endangering the company's future PRESS RELEASE Shell’s investments in the division Renewables & Energy Solutions (RES) are down to 8% of the oil major’s overall capital expenditure, the oil major’s third quarter results reveal. The backtrack in investments in clean energy comes after Shell scrapped emissions reduction targets in March. At least 92% of investments remain tied to fossil fuels. “By continuing to bet on fossil fuel expansion, the board of Shell jeopardizes the future of the company,” says Mark van Baal, founder of activist shareholder group Follow This. The IEA forecasts a decline in oil and gas demand after 2029. “Fossil fuel growth delays the transition and increases the risk of a carbon lock-in, which will make it harder to pivot to renewables each year.” “Moreover, Shell’s investments in fossil fuels are in collision course with the Paris Climate Agreement that requires almost halving emissions by 2030.” Investors hold the key “Investors who are committed to Paris must change the mind of the board of Shell. Big Oil can make or break the Paris Accord and Shell could lead and thrive in the energy transition.” Read the entire press release here: https://lnkd.in/esgkWjS7 ______________________________________ Big Oil must change, or Paris will fail. That's a decision for shareholders. Join our mission to fight the climate crisis as shareholders in Big Oil 👉 https://lnkd.in/egMECSRU 👈

The International Energy Agency (IEA) forecasts global oil and gas demand to peak before 2030. This projection clashes with the expansion plans of major oil companies like Shell, BP, and Exxon, raising concerns about stranded assets and diminished shareholder value.According to the IEA's 2024 World Energy Outlook, fossil fuel demand will decline after its peak in all scenarios. Despite this, some oil majors are betting on the failure of climate policies, pushing for increased fossil fuel consumption against market trends. This disconnect between IEA projections and oil major investments is deeply concerning. It threatens our ability to meet climate goals and poses a financial risk to shareholders. It's time for investors to compel oil majors to align with a sustainable future. Read more: https://lnkd.in/dk-J3BG7

The IEA’s significant role in the energy transition This Wednesday, the International Energy Agency (IEA) releases its 2024 World Energy Outlook. This highly anticipated annual publication serves as a crucial benchmark for understanding global energy trends and future projections. The 2024 release is particularly significant given the ongoing energy transition, geopolitical tensions, and economic uncertainties. Read more on www.follow-this.org #WorldEnergyOutlook #ClimateAction #energytransition #IEA

The recent devastation caused by hurricane Milton is a stark reminder of the escalating costs of climate change Early estimates place the financial damage from the hurricane higher than the combined profits of seven oil giants – Shell, BP, Total, ENI, Exxon, Chevron, and ConocoPhillips – who collectively earned $32 billion in the second quarter. President Biden has stated that hurricane Milton has inflicted $50 billion in damages. Scientific evidence strongly suggests that climate change is making hurricanes like Milton more intense and destructive. The devastation caused by Milton highlights a critical issue: the companies that profit most from fossil fuels are also major contributors to the climate crisis, and the costs of that crisis are outpacing their gains. It’s a stark illustration of the financial risks associated with climate change. Follow This urges investors to recognize this reality and act as responsible stewards of the global economy. By voting for change at Big Oil’s shareholder meetings, investors can apply significant pressure for a transition towards a sustainable future. Climate change is not just an environmental crisis; it’s a profound threat to our economic stability. Join our fight against the climate crisis at https://lnkd.in/ePBRS36V

A new report on the state of the global climate reveals a deeply concerning acceleration of the climate crisis. Key climate indicators, from greenhouse gas levels to ice loss, have reached record levels this year in what researchers call a “critical and unpredictable new phase of the climate crisis” The report highlights the continued heavy reliance on fossil fuels as a major driver of the climate crisis. Even though renewable energy use is increasing, the consumption of coal and oil reached record highs in 2024. This demonstrates the world's ongoing dependence on fossil fuels despite the urgent need to transition away from them. Read more: https://lnkd.in/eBzu3N7t #followthis #climatechange #bigoil #ClimateAction

BP abandons its target to reduce oil and gas production by 2030 In a significant shift from its previously stated commitment to climate action, BP has reversed course, abandoning its target to reduce oil and gas production by 2030. This decision directly contradicts the company's prior collaboration with shareholder activist group Follow This on climate resolutions. It's hard to believe that in 2020, BP was actively working together with Follow This on a climate resolution, demonstrating a commitment to the energy transition they've now abandoned. BP’s refocus on fossil fuels is a direct result of the decrease in shareholder pressure to invest in clean energy. Big Oil can make or break the Paris Climate Agreement. That’s a decision for shareholders. BP will only change if more shareholders vote for change. Let's push for real climate action! Support Follow This and our mission to change Big Oil from within. Read more: https://lnkd.in/eirvP3g8

Nieuwe Europese klimaatzorgplicht maakt alle bedrijven verantwoordelijk voor klimaatactie Een nieuwe Europese klimaatzorgplicht maakt bedrijven expliciet verantwoordelijk voor het tegengaan van klimaatverandering. Experts spreken van een ‘aardverschuiving’ met mogelijk verstrekkende gevolgen – waaronder meer klimaatrechtszaken. Jorian Hamster, ondernemingsrechtadvocaat bij DLA Piper over de nieuwe Europese klimaatzorgplicht (onderdeel van CSRDDD): ‘Milieudefensie en Shell hebben jaren de degens gekruist over de vraag of Shell een verantwoordelijkheid heeft om klimaatverandering tegen te gaan. Nu zegt de wetgever: grote bedrijven hebben die verantwoordelijkheid, einde discussie.’ Lees het hele artikel van Marceline B. in het Financieele Dagblad. https://lnkd.in/eZvm5v7S

The end of coal in the UK shows that a fast transition to clean energy is possible On Monday, the last coal-fired powerplant in the UK was shut down. Coal power made up 80% of the UK’s electricity in the early 1980s, and 40% in 2012, before petering out in the last decade due to costly carbon taxes and the rise of cheaper renewables. This landmark demonstrates that fossil fuels can be replaced with clean energy. If renewables continue to increase at the same exponential rate, gas and oil will be replaced by clean energy as well, first in electricity generation and later in other energy sources. Read the ‘end of an era’ by Jillian Ambrose in The Guardian: https://lnkd.in/ekr7uD5J

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