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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose Energy correspondent

Green activist group is pausing work after backlash by investors

Two men wearing hard hats tear at fake money
Climate activists in Amsterdam protest against what they called ‘investment in climate destruction. Photograph: Eva Plevier/ANP/AFP/Getty

A green shareholder activist group has decided to “pause” its work pushing oil companies to reduce their emissions amid a growing investor backlash against climate action.

Follow This has confirmed that it will not file any climate resolutions against oil and gas companies during the forthcoming AGM season for the first time since 2016.

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