The Union of Concerned Scientists is urging BlackRock, Vanguard, state treasurers, and other major investors to vote for climate-critical shareholder proposals and against laggard corporate leadership at ExxonMobil. Here are four reasons why.
After the failure of an 11th-hour push to find an alternative buyer, Tribune Publishing shareholders on Friday approved the $633-million sale of the newspaper chain to the New York hedge
Published May 20, 2021
Today, the Union of Concerned Scientists (UCS) delivered a letter signed by more than 50 Connecticut scientists to Connecticut Attorney General William Tong expressing support for the state’s lawsuit against ExxonMobil. The suit alleges the company misled state consumers about its products’ climate change impacts.
As far back as the 1960s, ExxonMobil knew that the climate consequences of fossil fuel pollution were potentially catastrophic. Equipped with information critical to protect public health and safety, the corporation chose neither to inform the public nor to take actions that would address the problem. Instead, internal fossil fuel industry memos show how companies, including ExxonMobil, chose to spend millions of dollars leading a coordinated campaign of climate disinformation designed to keep the public hooked on oil and gas products.
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