TotalEnergies AGM: What are climate shareholders seeking?
TotalEnergies will face two climate-related resolutions at its annual shareholder meeting on Friday – but what is it that activist investors want?
Follow This
Shell facing more climate change pressure following record profits
Campaigners expected to protest inside and outside AGM
Shell facing tense clash on climate at AGM after year of record profits
Shell is set to face a tense annual general meeting that could be dominated by clashes over climate action after the oil major saw a record year of profits.
Activist investors seek TotalEnergies vote to curb emissions further
Investors including activist group Follow This filed a resolution to pressure TotalEnergies (PARIS: TTE) to vote for more ambitious emissions targets when the company holds its annual general meeting next month.
$1.4 trillion investors call on Big Oil for more aggressive climate targets
Shareholder activist group Follow This filed resolutions with Shell (LON: SHEL), BP (LON: BP), ExxonMobil (NYSE: XOM) , and Chevron (NYSE: CVX).
Shell emissions on course to drop this decade, but activist investor wants more
Shell’s (LON: SHEL) overall emissions are projected to drop this decade for the first time, new research has found.
Incoming Shell CEO has ‘most challenging job in history’ of oil giant
Activist groups are calling on Shell’s incoming chief executive to make “bold decisions” in order to revolutionise the supermajor.
Oil prices at $100 a barrel? What else is on the horizon for the energy sector in 2022
In this latest in our series on ESG investing, Mike Scott assesses the global energy outlook ahead for 2022. Although oil and gas prices are healthy, energy firms will need to stay focused on net zero and emissions targets, and keep an eye on growth areas like hydrogen and other renewable energy sources.
Investors in Big Oil are our last hope in the fight against the climate crisis
For Big Oil executives, it is difficult to imagine new business models beyond oil and gas. They climbed to the top of the pyramid by being the smartest guys in the room, turning hydrocarbons into petrodollars. Success is a lousy teacher: therefore, they are still determined to increase their total emissions this decade.
Shell’s new emission targets fall short, activist investor says
An activist investor whose climate resolution garnered 30% votes from Royal Dutch Shell investors says the energy giant has not fully addressed concerns over emissions.
Shell’s emissions to rise on LNG focus, report claims
Shell (LSE:RDSA) will increase emissions by 4.4% by 2030, according to new research from Global Climate Insights (GCI), contravening a court order to reduce by 45%.
Total shareholders back company climate plans
Shareholders voting at Total’s AGM approved the company’s climate resolution, despite environmental NGOs warning the plan falls short.
Shareholders back Shell transition strategy, but support for activist resolution doubles
Almost a third of shareholders defied the wishes of Shell board members to vote in favour of a resolution tabled by an activist shareholder group at its annual general meeting today.
BP shareholder support for Follow This climate resolution more than doubles
A fresh example of the pressure mounting on oil and gas firms to speed up their transitions away from fossil fuels was served up by investors at BP’s annual general meeting today.
Big Oil braces for climate votes as investor pressure mounts
As Europe’s oil majors prepare to host their annual shareholder meetings, one topic is garnering almost all the attention.
Shell urges investors to vote down activist’s climate resolution
Shell has urged shareholders to reject a climate change resolution filed by an activist investor at its annual general meeting next month.
BP tells shareholders to reject climate resolution amid ‘discrepancy’ claims
Energy giant BP has urged shareholders to reject a climate change resolution at its AGM in May amid claims its strategy is at odds with a key international pact.
Shell unveils ‘accelerated’ net zero strategy, confirms oil production peaked in 2019
Shell has launched a new “accelerated” strategy to get to net zero, and confirmed that oil production peaked for the company in 2019.
‘Big win’ as Shell urged by more shareholder activists to meet climate targets
A shareholder activist group has claimed a ‘big win’ after an increase in the number of investor votes urging Shell to meet its climate targets.
Some supermajors want to remain oil giants but not ‘look like it’, activist investor says
A Dutch shareholder activist has accused some oil and gas majors of talking the talk but not walking the walk on shifting to cleaner investments.
Updated: Shell divides opinion with 2050 net-zero ambition
Energy giant Shell has revealed its ambition to transform into a “net-zero emissions business” by 2050, at the latest.
BP to work with shareholder activist group on climate resolution
Oil and gas giant BP is set to work with a shareholder activist group towards a climate resolution, it announced today.
Equinor’s decarbonisation plans ‘misleading yet promising’, shareholder activist says
Equinor's newly announced decarbonisation plans are "misleading, yet promising", according to the leader of a oil and gas shareholder activist group.
Exxon and Chevron targeted by climate-activist shareholder group Follow This
The Dutch activist fund that has filed shareholder resolutions pressuring major oil companies in Europe to take action on climate change has set its sights on the U.S.
Activist investor and ‘skeptical environmentalist’ face off on climate change
As people around the world gathered for the largest climate protest in history last month, the audience at an event in Stavanger was told there can’t be a “rational conversation on global warming before we’ve stopped screaming”.