Investor Coalition Representing 1.5 Trillion Euros Challenges BP and Shell Business Plans

Follow This and over 20 investors filed resolutions on January 14 calling on BP and Shell to disclose value creation strategies if fossil fuel demand falls.

Insights:
The climate activist shareholder group Follow This, alongside a coalition of more than 20 investors managing approximately 1.5 trillion euros in assets, filed resolutions on January 14, 2026, targeting major energy producers. The group has called upon BP plc and Shell plc to disclose exactly how they intend to create value for shareholders if global demand for Crude Oil and gas begins to decline. This initiative represents a strategic pivot for Follow This, which suspended its decade-long campaign for mandatory emissions cuts in April 2025 due to a perceived lack of investor appetite for that specific approach.
A BP logo is reflected in a car window at a petrol station in London on January 15, 2015. REUTERS/Luke MacGregor/File Photo
A BP logo is reflected in a car window at a petrol station in London on January 15, 2015. REUTERS/Luke MacGregor/File Photo
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