Major shareholder Calpers is ‘deeply concerned’, while proxy adviser Glass Lewis advises against reappointment of oil giant’s director.

Exxon to sue sustainability activists; Ukraine finds time to focus on its corporate governance; contrasting US and European attitudes to ESG.

The fund seeks to push the companies into speeding up their climate transition plans and acting to cut greenhouse gas emissions.

Currently chair of Alcoa, Steve Williams will join the engineering company’s board in September as a NED and chair designate.

But research shows a reduction in campaigns in Europe last year, contrasting with the pronounced increase in the US and Asia.

Kaisa Hietala is join the board of the metals and mining multinational as a non-executive director from 1 March 2023.

Mikells, a former CFO at Diageo, Xerox, ADT, Nalco and United Airlines, will take over from Andrew Swiger next month.

Academic argues that the Exxon/Engine No.1 case could be a template for how to make companies confront climate risk.

A tiny activist hedge fund’s success in reshaping the board at ExxonMobil is the most important corporate governance development in decades.

Chair and chief executive Darren Woods welcomed the appointments as part of ExxonMobil’s “ongoing board refreshment”.