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The Latest Breaking News from Follow This

BP backs Amanda Blanc to lead search for new chair despite investor concerns

Senior independent director to handle process again after Albert Manifold’s shock departure last week

The Guardian - UK

Ousted BP chief Albert Manifold hits out at ‘false narrative’ after sacking

BP’s board removed him with immediate effect, reporting ‘serious concerns’ related to his conduct, oversight and governance at the oil giant, which he disputes

The Independent UK

Investors challenge Shell over plans for long-term decline in fossil fuel demand

The company’s board defended its ongoing investments in oil and gas as shareholders gathered at the Sofitel Hotel near Heathrow on Tuesday morning.

Evening Standard

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BP’s chair deserved a kick for his silly obstinacy over shareholder resolution

Albert Manifold and his board refused to put a request from investor group on annual meeting agenda – leading to an investor revolt

The Guardian - UK

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 - UK

BP shareholders advised to vote against chair over climate resolution exclusion

Glass Lewis says blocking of proposal to share company’s longer-term strategy at AGM raises transparency issues

The Guardian - UK

Shareholder activists accuse BP of trying to weaken climate transparency

A group of green investors have accused the oil major of seeking to cut the amount of climate-related information that it has to share.

Evening Standard

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BP faces calls for new strategy to end period of turbulence

Full-year results expected to reveal weaker profits as company also faces investor pressure over climate U-turn

The Guardian - UK

Shell says it will not restart construction of Netherlands biofuels plant

British-Dutch oil giant Shell announced Wednesday it has abandoned construction of one of Europe's largest biofuel plants in the Netherlands, as it focuses on its fossil fuels business.

Radio France Internationale

BP set for shareholder clash over climate goals as AGM season kicks off

The oil major’s board is likely to face conflicting pressures from shareholders against a backdrop of confusion and uncertainty for investors.

Evening Standard

‘One big backlash’: Why is a green shareholder activist group pausing its climate resolutions?

A “changing political landscape” and global trade tensions are partly to blame, according to the Netherlands-based group.

Euronews

Green activist group is pausing work after backlash by investors

Dutch group Follow This says it will not file any resolutions against oil and gas companies this AGM season

The Guardian - UK

Texas court dismisses Exxon’s lawsuit against climate activist shareholders

Arjuna Capital agreed not to pursue effort to put climate science on agenda at company’s annual meetings

The Guardian - US

Exxon Plays Hardball Against Climate NGOs. Will Investors Care?

ExxonMobil investors will have a chance to weigh in at Wednesday's annual meeting on the company's hardball approach to the latest shareholder challenge from environmentalists over climate change.

International Business Times

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The Guardian - UK

Shell urged to clarify climate targets as it braces for shareholder rebellion

NBIM, one of oil group’s largest investors, calls for ‘additional disclosures’ about green commitments ahead of AGM

WEKU

ExxonMobil is suing investors who want faster climate action

The oil and gas giant is suing investor groups that want it to slash climate pollution. Interest groups on both sides of the case say it could lead to more lawsuits against activist investors.

The Guardian - UK

ExxonMobil blocks green activists’ attempt to seek strategy vote

Climate group drops petition for shareholder vote on targets following oil company’s court complaint

The Guardian - UK

ExxonMobil’s attempt to silence activist investors should be a warning to shareholders

The US oil company is off to court to try to block a green activist motion aimed at accelerating the company’s attempts to cut emissions

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news in one place.

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The Guardian - UK

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 - UK

Shell faces shareholder rebellion over climate activist resolution

Investors including UK’s biggest pension scheme agree to back call for oil firm to set bigger emissions targets

The Guardian - UK

UK investors backtrack on support for climate resolution at oil firms’ AGMs

Asset management firms accused of sacrificing climate action by voting against shareholder resolution at Chevron and ExxonMobil

The Independent UK

Climate change protesters try to storm the stage at tense Shell AGM

Shareholder revolt secures 20% of votes as activists shout about ‘climate criminals’

The Guardian - UK

Shell AGM disrupted by protests as investors reject new emissions targets

Bosses defend oil company against accusations it is not switching away from fossil fuels quickly enough

The Guardian - UK

University investment funds urge ‘bold action’ to stop new fossil fuel projects

Asset managers are told they have key role to play on climate in open letter on eve of Shell’s annual meeting

The Guardian - UK

BP facing green rebellion at annual shareholder meeting

Some of UK’s biggest pension funds preparing to demand tougher plans to reduce emissions by 2030

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