Tag: Exxon

Norges Bank leads investor voting against Exxon and Chevron
The fund seeks to push the companies into speeding up their climate transition plans and acting to cut greenhouse gas emissions.

News round-up: this week in governance
Church of England investors to vote against oil directors; US civil unrest; FRC to probe Deloitte; are UK execs better off in the US?

News round-up: this week in governance
NZ boosts ESG in governance code; bid to oust BP chair; Exxon challenged; KPMG and EY audits; female directors mean better forecasting.

ESG activism ‘likely to proliferate’ following ExxonMobil vote
Academic argues that the Exxon/Engine No.1 case could be a template for how to make companies confront climate risk.

US boards increase engagement with investors’ ESG concerns
The number of withdrawn proxy proposals relating to the environment has risen significantly, suggesting boards are taking investor views more seriously.

Shareholder displeasure against S&P500 directors reaches high level
Withholding of votes reaches peak level, sending a signal that shareholders are unhappy with S&P500 directors.

Exxon under pressure over climate change reporting
Shareholders call on oil giant Exxon to produce regular reports on the implications of the Paris Accord, to restrict the rise in global temperature to 2℃.