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Controversial ExxonMobil lawsuit dismissed

The Texas District Court has dismissed a lawsuit by oil and gas giant ExxonMobil described as an "attack on shareholder democracy".

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.

Shell wins climate strategy investor approval - for now

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

News round-up: EU ETS extension considered, API endorses carbon price, UK financial watchdog climate remit expanded... and more

BP urges shareholders to reject climate resolution