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Climate Activists Come After Big Oil

May 30, 2021

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Climate Activists Come After Big Oil

May 30, 2021

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WSJ - Activist Wins Exxon Board Seats After Questioning Oil Giant’s Climate Strategy: An activist investor’s successful campaign to win seats on the board of Exxon Mobil Corp. XOM -0.32% represents a historic defeat for the oil giant, one that will likely force it to more directly confront growing shareholder concerns about climate change. Exxon said Wednesday a preliminary vote count showed shareholders backed two nominees of Engine No. 1, an upstart hedge fund owning a tiny fraction of the oil giant’s stock. The final vote wasn’t tallied as of late Wednesday afternoon, and the final composition of the board was unclear.WSJ - Shell Ordered by Dutch Court to Cut Carbon Emissions: A Dutch court on Wednesday ruled that Royal Dutch Shell RDS.A -0.52% PLC is partially responsible for climate change and ordered the company to reduce its carbon emissions, a first-of-its-kind ruling that adds fresh pressure on oil-and-gas companies already facing heightened scrutiny from governments and investors.Reuters - Chevron investors back proposal for more emissions cuts: Chevron Corp (CVX.N) shareholders on Wednesday voted in favor of a proposal to cut emissions generated by the use of the company's products, a move that underscores growing investor push at energy companies to reduce their carbon footprint. Shareholders voted 61% in favor of the proposal to cut so called "Scope 3" emissions, according to a preliminary count announced by Chevron at its annual general meeting.French oil giant Total rebrands in shift to renewables - Oil and gas giant Total will be rebranded as TotalEnergies as it shifts some of its focus towards renewable energy sources. Shareholders voted overwhelmingly in favour of the move and approved the firm's environmental goals. "We want to become a sort of green energy major," said chief executive Patrick Pouyanné. Big energy firms are coming under increasing pressure to adjust to a lower-carbon world.

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Climate Activists Come After Big Oil

May 30, 2021

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Clean energy news and insight delivered to your inbox.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

WSJ - Activist Wins Exxon Board Seats After Questioning Oil Giant’s Climate Strategy: An activist investor’s successful campaign to win seats on the board of Exxon Mobil Corp. XOM -0.32% represents a historic defeat for the oil giant, one that will likely force it to more directly confront growing shareholder concerns about climate change. Exxon said Wednesday a preliminary vote count showed shareholders backed two nominees of Engine No. 1, an upstart hedge fund owning a tiny fraction of the oil giant’s stock. The final vote wasn’t tallied as of late Wednesday afternoon, and the final composition of the board was unclear.WSJ - Shell Ordered by Dutch Court to Cut Carbon Emissions: A Dutch court on Wednesday ruled that Royal Dutch Shell RDS.A -0.52% PLC is partially responsible for climate change and ordered the company to reduce its carbon emissions, a first-of-its-kind ruling that adds fresh pressure on oil-and-gas companies already facing heightened scrutiny from governments and investors.Reuters - Chevron investors back proposal for more emissions cuts: Chevron Corp (CVX.N) shareholders on Wednesday voted in favor of a proposal to cut emissions generated by the use of the company's products, a move that underscores growing investor push at energy companies to reduce their carbon footprint. Shareholders voted 61% in favor of the proposal to cut so called "Scope 3" emissions, according to a preliminary count announced by Chevron at its annual general meeting.French oil giant Total rebrands in shift to renewables - Oil and gas giant Total will be rebranded as TotalEnergies as it shifts some of its focus towards renewable energy sources. Shareholders voted overwhelmingly in favour of the move and approved the firm's environmental goals. "We want to become a sort of green energy major," said chief executive Patrick Pouyanné. Big energy firms are coming under increasing pressure to adjust to a lower-carbon world.

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No items found.

Climate Activists Come After Big Oil

May 30, 2021

Download resource

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
News
No items found.

Climate Activists Come After Big Oil

May 30, 2021

WSJ - Activist Wins Exxon Board Seats After Questioning Oil Giant’s Climate Strategy: An activist investor’s successful campaign to win seats on the board of Exxon Mobil Corp. XOM -0.32% represents a historic defeat for the oil giant, one that will likely force it to more directly confront growing shareholder concerns about climate change. Exxon said Wednesday a preliminary vote count showed shareholders backed two nominees of Engine No. 1, an upstart hedge fund owning a tiny fraction of the oil giant’s stock. The final vote wasn’t tallied as of late Wednesday afternoon, and the final composition of the board was unclear.WSJ - Shell Ordered by Dutch Court to Cut Carbon Emissions: A Dutch court on Wednesday ruled that Royal Dutch Shell RDS.A -0.52% PLC is partially responsible for climate change and ordered the company to reduce its carbon emissions, a first-of-its-kind ruling that adds fresh pressure on oil-and-gas companies already facing heightened scrutiny from governments and investors.Reuters - Chevron investors back proposal for more emissions cuts: Chevron Corp (CVX.N) shareholders on Wednesday voted in favor of a proposal to cut emissions generated by the use of the company's products, a move that underscores growing investor push at energy companies to reduce their carbon footprint. Shareholders voted 61% in favor of the proposal to cut so called "Scope 3" emissions, according to a preliminary count announced by Chevron at its annual general meeting.French oil giant Total rebrands in shift to renewables - Oil and gas giant Total will be rebranded as TotalEnergies as it shifts some of its focus towards renewable energy sources. Shareholders voted overwhelmingly in favour of the move and approved the firm's environmental goals. "We want to become a sort of green energy major," said chief executive Patrick Pouyanné. Big energy firms are coming under increasing pressure to adjust to a lower-carbon world.

News
No items found.

Climate Activists Come After Big Oil

May 30, 2021

WSJ - Activist Wins Exxon Board Seats After Questioning Oil Giant’s Climate Strategy: An activist investor’s successful campaign to win seats on the board of Exxon Mobil Corp. XOM -0.32% represents a historic defeat for the oil giant, one that will likely force it to more directly confront growing shareholder concerns about climate change. Exxon said Wednesday a preliminary vote count showed shareholders backed two nominees of Engine No. 1, an upstart hedge fund owning a tiny fraction of the oil giant’s stock. The final vote wasn’t tallied as of late Wednesday afternoon, and the final composition of the board was unclear.WSJ - Shell Ordered by Dutch Court to Cut Carbon Emissions: A Dutch court on Wednesday ruled that Royal Dutch Shell RDS.A -0.52% PLC is partially responsible for climate change and ordered the company to reduce its carbon emissions, a first-of-its-kind ruling that adds fresh pressure on oil-and-gas companies already facing heightened scrutiny from governments and investors.Reuters - Chevron investors back proposal for more emissions cuts: Chevron Corp (CVX.N) shareholders on Wednesday voted in favor of a proposal to cut emissions generated by the use of the company's products, a move that underscores growing investor push at energy companies to reduce their carbon footprint. Shareholders voted 61% in favor of the proposal to cut so called "Scope 3" emissions, according to a preliminary count announced by Chevron at its annual general meeting.French oil giant Total rebrands in shift to renewables - Oil and gas giant Total will be rebranded as TotalEnergies as it shifts some of its focus towards renewable energy sources. Shareholders voted overwhelmingly in favour of the move and approved the firm's environmental goals. "We want to become a sort of green energy major," said chief executive Patrick Pouyanné. Big energy firms are coming under increasing pressure to adjust to a lower-carbon world.

News
No items found.

Climate Activists Come After Big Oil

May 30, 2021

WSJ - Activist Wins Exxon Board Seats After Questioning Oil Giant’s Climate Strategy: An activist investor’s successful campaign to win seats on the board of Exxon Mobil Corp. XOM -0.32% represents a historic defeat for the oil giant, one that will likely force it to more directly confront growing shareholder concerns about climate change. Exxon said Wednesday a preliminary vote count showed shareholders backed two nominees of Engine No. 1, an upstart hedge fund owning a tiny fraction of the oil giant’s stock. The final vote wasn’t tallied as of late Wednesday afternoon, and the final composition of the board was unclear.WSJ - Shell Ordered by Dutch Court to Cut Carbon Emissions: A Dutch court on Wednesday ruled that Royal Dutch Shell RDS.A -0.52% PLC is partially responsible for climate change and ordered the company to reduce its carbon emissions, a first-of-its-kind ruling that adds fresh pressure on oil-and-gas companies already facing heightened scrutiny from governments and investors.Reuters - Chevron investors back proposal for more emissions cuts: Chevron Corp (CVX.N) shareholders on Wednesday voted in favor of a proposal to cut emissions generated by the use of the company's products, a move that underscores growing investor push at energy companies to reduce their carbon footprint. Shareholders voted 61% in favor of the proposal to cut so called "Scope 3" emissions, according to a preliminary count announced by Chevron at its annual general meeting.French oil giant Total rebrands in shift to renewables - Oil and gas giant Total will be rebranded as TotalEnergies as it shifts some of its focus towards renewable energy sources. Shareholders voted overwhelmingly in favour of the move and approved the firm's environmental goals. "We want to become a sort of green energy major," said chief executive Patrick Pouyanné. Big energy firms are coming under increasing pressure to adjust to a lower-carbon world.

Related

See All

News

Introducing Your New Billing Portal

News

Introducing Your New Billing Portal

News

Madison Energy Infrastructure Celebrates 150th Solar School Project, Marks Milestone with Educational Event at Newark Global Studies High School

News

Madison Energy Infrastructure Celebrates 150th Solar School Project, Marks Milestone with Educational Event at Newark Global Studies High School

News

Coming Soon to a Classroom Near You!

News

Coming Soon to a Classroom Near You!

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Locations
New York
110 Greene Street, Suite 301
New York
,
NY
10012
Southeast
190 19th Street N., Suite 2009
Birmingham
,
AL
35210
D.C. / Northern VA
8484 Westpark Dr., Suite 720
McLean
,
VA
22102
Richmond
1419 W Main Street
Richmond
,
VA
23220
Greater Philadelphia Office
215 Executive Drive
Moorestown
,
NJ
08057
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