How activist investors plan to take on Big Oil at the 2026 AGM season [CNBC]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: CNBC
The Amsterdam-based group paused filing shareholder resolutions last year due to a lack of investor appetite. In its newly revised strategy, Follow This said it will focus on the financial risks associated with declining oil and gas demand — rather than requesting emission reduction targets. In this article The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images Dutch group Follow This on Wednesday launched a newly revised strategy to take on Big Oil at the upcoming proxy season, seeking to increase shareholder pressure on the financial sustainability of fossil fuel business models. The prominent climate activist group, which paused filing shareholder resolutions last year due to a lack of investor appetite, said it will change tack to focus on the financial risks associated with declining oil and gas demand — rather than requesting emission reduction targets. The pivot comes as oil and gas majors do
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BP
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