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ExxonMobil, Chevron investors vote for more action on climate change

ExxonMobil has faced battles at annual meetings over climate change for decades, with shareholders pushing resolutions to make it take stronger action. ....

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ExxonMobil, Chevron investors vote for more action on climate change

ExxonMobil, Chevron investors vote for more action on climate change
published :
27 May 2021 at 04:45
ExxonMobil is getting at least two board members who want the oil giant to more aggressively tackle climate change.
NEW YORK - Investors rejected the responses of US oil giants to climate change Wednesday, installing activist board members at ExxonMobil and directing Chevron to deepen emissions cuts.
The dual decisions at the two biggest US oil giants annual meetings are clear evidence that addressing climate change has moved from being an environmentalist cause to one championed by mainstream investors.
At ExxonMobil, two board nominees from activist group Engine No. 1 won enough votes to secure board seats. Shareholders also backed a proposal requiring a report on the oil giant s lobbying activities on climate change. ....

United States , Kaisa Hietala , Stephen Littleton , Fred Krupp , Joe Biden , Alexander Karsner , Charlie Penner , Gregory Goff , Anders Runevad , Environmental Defense Fund , Royal Dutch Shell , International Energy Agency , Friends Of The Earth , Environmental Defense , Chief Executive Darren Woods , ஒன்றுபட்டது மாநிலங்களில் , ஸ்டீபன் லிட்டில்டன் , ஃப்ரெட் க்ரப் , ஓஹோ பிடென் , அலெக்சாண்டர் கார்ஸ்னர் , சார்லி பென்னர் , கிரெகொரி காஃப் , சுற்றுச்சூழல் பாதுகாப்பு நிதி , அரச டச்சு ஷெல் , நண்பர்கள் ஆஃப் தி பூமி , சுற்றுச்சூழல் பாதுகாப்பு ,

Exxon halts shareholder meeting to give more time to count votes on contentious proxy feud

Exxon activist captures board seats in historic victory for climate change advocates
The result is an embarrassment for the Irving oil giant and a sign that institutional investors are increasingly willing to force corporate America to tackle climate change.
Exxon Mobil is facing a major challenge from a group of investors in one of the biggest fights a corporate boardroom has faced over its stance on climate change, an issue of rising urgency among many shareholders.(Richard Drew)
11:08 AM on May 26, 2021 CDT
A first-time activist investor with a tiny stake in Irving-based Exxon Mobil Corp. scored a historic win in its proxy fight with the oil giant, signaling the growing importance of climate change to investors. ....

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ExxonMobil (XOM) Q1 2021 Earnings Call Transcript

ExxonMobil (XOM) Q1 2021 Earnings Call Transcript
Motley Fool Transcribing
© The Motley Fool
Logo of jester cap with thought bubble.
ExxonMobil (NYSE: XOM)
Good day, everyone, and welcome to this ExxonMobil Corporation first-quarter 2021 earnings call. Today s call is being recorded. And at this time, I d like to turn the call over to the vice president of investor relations and secretary, Mr. Stephen Littleton.
Please go ahead, sir.
ice President of Investor Relations and Secretary
Thank you, and good morning, everyone. Welcome to our first-quarter earnings call. We appreciate your participation and continued interest in ExxonMobil. I am Stephen Littleton, vice president of investor relations. ....

United Kingdom , France General , United States , Gulf Of Mexico , Oceans General , Corpus Christi , Houston Ship Channel , North Sea , Ship Channel , Essequibo Islands West Demerara , America Merrill Lynch , Doug Leggate , Stephen Littleton , Phil Gresh , Neil Mehta , Devin Mcdermott , Devin Mcdermott Morgan Stanley , Neil Mehta Goldman Sachs , Morgan Stanley , Exxon Mobile , Goldman Sachs , Exxon Mobil Corporation , Us Department Of Energy , Doug Leggate Bank , Carbon Solutions , Wells Fargo ,

EXCLUSIVE: $100 billion asset manager divests Exxon stock on climate concerns

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Kempen Capital Management, a European investor with $99 billion in assets, has sold its Exxon stake over climate concerns.
Exxon has come under increasing investor scrutiny for lagging behind rivals in tackling the energy transition.
Other investors are selling out, Dimitri Willems, senior portfolio manager, told Insider.
Kempen Capital Management, an Amsterdam-based asset manager with over €79.1 billion ($99 billion) in assets under management,
offloaded its stake in Exxon Mobil in 2020 over concerns related to shareholder engagement, the firm told Insider.
Kempen, among the largest asset managers in the Netherlands, divested a $22.5 million stake in December because Exxon failed to engage with shareholders that were pushing the oil and gas ....

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