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This time Mark was the winner in the ‘battle of the Van B’s’

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This time Mark was the winner in the ‘battle of the Van B’s’

Carel Grol May 23, 2021

As an activist investor, Mark van Baal has been fighting for a greener Shell with Follow This for years. At the shareholders’ meeting he always speaks to the other ‘Van B.’ CEO Ben van Beurden. Follow This is unnecessary, Van Beurden believes, but Van Baal has since won over 30% of the shareholders.

In brief

  • Activist investor Follow This is gaining a foothold in the Shell shareholders’ meeting.

  • While its first resolution for a greener Shell policy was swept away in 2016, the group now received almost a third of the votes.

  • For Shell CEO Ben van Beurden, Follow This founder Mark van Baal is now a factor to take into account.

FULL ARTICLE

 

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