“If companies do not intend to align with the global Paris goal, they should be clear with shareholders,” As You Sow President Danielle Fugere said in a statement. “Only through clear and comparable reporting can shareholders benchmark company actions and make sound investment decisions.” Read More →
Read MoreNew York State and the UK’s Church Commissioners will vote against the entire board of ExxonMobil again this year in response to the US oil giant’s continued “recalcitrant” approach to climate change. Read More →
Read MoreA document on the agency website noted briefly that SEC staff agreed March 20 with requests by company officials to exclude proposals from a group of shareholders, including the Church of England and As You Sow, asking if the companies will join other oil and gas companies in taking steps to align with the Paris Agreement goal of net-zero emissions by 2050, and calling for reduction targets, long-term business plans and other details. Read More →
Read More“Reducing greenhouse gas emissions at the margins, while continuing business as usual as Exxon and Chevron are doing, is not a successful long-term business plan, especially when competitor companies are implementing new paths to thrive in a low-carbon economy,” said Danielle Fugere, president of As You Sow, sponsor of resolutions demanding Chevron and Exxon align their business models with the goals of the Paris Agreement. Read More →
Read MoreShareholders at two of the world’s biggest oil and gas producers are urging the companies to adopt polices to reduce their impact on climate change.
Read MoreIt is a new sound. In the last month of May, the period in which the oil sector holds its annual meetings for shareholders, climate change was high on the agenda almost everywhere.
Read More"Molecules of U.S. freedom.” “Freedom gas.”
Read MoreExxon and Chevron shareholders rejected a series of climate change-related proposals at the companies’ annual investors meetings on Wednesday.
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