Page 2 - Peter Trelenberg News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ExxonMobil's new climate targets slammed by investors and green groups US-based oil major ExxonMobil has outlined new emissions reduction targets through to 2025, but green groups have called them "woefully inadequate" and investors are pushing for a restructure to its board of directors. Exxon said it would prefer to develop short-term goals than developing a long-term net-zero vision The company claims its new climate targets are compatible with the Paris Agreement and has argued that short-term goals, assessed regularly, can drive more progress than long-term net-zero visions. It is ultima...

ExxonMobil, under pressure on climate, aims to cut emissions intensity by 2025 12/15/2020 Oil major ExxonMobil Corp, under increasing pressure from investors and climate change campaigners, said on Monday it planned to reduce its greenhouse gas emissions over the next five years. Last Thursday, the Church Commissioners for England joined growing investor campaigns to demand changes at Exxon and backed calls for a board refresh and development of a strategy for the largest U.S. oil company's transition to cleaner fuels. Several of Exxon's rivals this year have set longer-term climate ambitions...

Article by Social Share Oil major Exxon Mobil Corp., under increasing pressure from investors and climate change campaigners, said on Monday it planned to reduce its greenhouse gas emissions over the next five years. Last Thursday, the Church Commissioners for England joined growing investor campaigns to demand changes at Exxon and backed calls for a board refresh and development of a strategy for the largest US oil company’s transition to cleaner fuels. Several of Exxon’s rivals this year have set longer-term climate ambitions, including Royal Dutch Shell and BP Plc, which aim to r...