Exxon's net zero goal 'underwhelming, but sign of change'
ExxonMobil's newly-minted net zero 'ambition' will underwhelm many investors - but could be a sign that new board members are bringing positive change, according to commentators.
Investors give ExxonMobil, Chevron bloody nose over climate policies
US oil supermajors ExxonMobil and Chevron faced a significant investor revolt over their climate policies after a number of shareholder resolutions received majority support at their annual general meetings.
CA100+ hails landmark GE vote on net zero benchmark
General Electric shareholders have unanimously supported a climate-related vote that asks the multinational conglomerate to provide information on how it will align with the recently launched Climate Action 100+ (CA100+) net-zero benchmark.
Investor climate pressure builds on US oil majors as BlackRock steps-up
US oil supermajors ExxonMobil and Chevron experienced significant investor pressure over their climate policies at their annual general meetings, with major investor BlackRock stepping up support for some proposals.
Investors pressure oil and gas companies to improve methane disclosures
Investor heavyweights Robeco and California State Teachers’ Retirement System (CalSTRS) have thrown their weight behind an initiative urging oil and gas companies to improve their disclosure of methane emissions.
Investors wake up to collective engagement clout
Climate-related resolutions at Exxon and Shell garnered the support of the world's largest investors. Now asset managers and owners are massing together to move entire sectors, writes Michael Hurley.
Growing shareholder support for climate action still "a work in progress"
Shareholder support for climate risk initiatives has surged in 2017 but some of the world's largest asset managers have only just started taking action, according to a report by 50/50 Climate Project.
Shareholder climate success at Exxon
A shareholder resolution calling for ExxonMobil to do more to tackle climate change received a significant majority, despite not being backed by the board.
Investors are optimistic about Exxon and Chevron climate change resolutions
Investors are optimistic of a "positive" result for two shareholder resolutions on climate change at ExxonMobil and Chevron ahead their annual general meetings next week, despite opposition from the companies' boards.
Exxon Mobil to report on 'stranded assets' risk
Energy giant Exxon Mobil has bowed to shareholder pressure to report on how it assesses the risk of its fossil fuel reserves becoming 'stranded assets' as a result of action to combat climate change.