Absolute versus intensity targets. Part two
Investors often leave companies to decide which type of target is most appropriate for their business. Genevieve Redgrave reports
ExxonMobil, Chevron investor support for shareholder climate resolutions fall
Investor support for shareholder climate resolutions urging Chevron and ExxonMobil to set greenhouse gas (GHG) emissions reduction targets has fallen since last year, following limited progress at their European counterparts.
Record-breaking ESG resolution season in 2021 as majority votes abound
The "unprecedented" level of majority shareholder votes in favour of environmental, social and governance (ESG) proposals...
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.
Investor failure to vote for near-term climate targets would be hypocrisy, Hohn says
Investors who do not support shareholder resolutions that aim to force major polluters to set near-term emissions reduction targets in line with the goals of the Paris Agreement have been warned that they would be guilty of "absolute greenwashing and hypocrisy".
Shell's transition strategy divides opinion
BP urges shareholders to reject climate resolution
Shell's 'say on climate' commitment welcomed by investors
Oil and gas supergiant Royal Dutch Shell has tightened its net zero emissions commitment, in a move welcomed by investors from the Climate Action 100+ collaborative engagement initiative.