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The growing urgency to address climate change and concerns about the financial performance of Exxon Mobil aligned this week to help activist investors place two directors on the company’s board. But it is not clear if the activists can deliver on their dual goals — reducing the emissions that are warming the planet and lifting the profits and stock price of Exxon. The potential tensions between those objectives could doom the investor effort to transform the company and the oil industry. Getting Exxon, a behemoth company with $265 billion in revenue in 2019 and oil and gas fields around th...

A tiny hedge fund that led a successful shareholder revolt against oil giant ExxonMobil this week does not speak the language of climate change activists.

(Bloomberg) — It was a stunning moment for Exxon Mobil Corp. and the wider corporate world: a tiny activist fund had succeeded in changing the company’s board.

The tension between climate goals and lifting Exxon Mobil’s profits could make it difficult for activists to make progress.

The full makeup of Exxon Mobil Corp's board of directors remained undecided following Wednesday's hotly contested election in which 16 candidates vied for 12 seats.