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24 Apr 2024, 3:04 am
Here’s an excerpt: Exxon’s lawsuit sets a negative precedent that we believe will have a chilling effect on future efforts by shareholders pursuing consideration of proposals seeking to improve corporate sustainability. [read post]
22 Apr 2024, 10:30 pm
Yesterday, the Interfaith Center on Corporate Responsibility filed a notice of exempt solicitation in response to the “scorching diatribe” (John’s words) against shareholder proposals & proponents that Exxon included in its proxy statement earlier this month. [read post]
3 Apr 2024, 4:10 pm
The case of Exxon Shipping Co. v. [read post]
13 Mar 2024, 6:32 am
This post is based on an ISS-Corporate memorandum by Jun Frank. [read post]
13 Mar 2024, 6:32 am
This post is based on an ISS-Corporate memorandum by Jun Frank. [read post]
11 Mar 2024, 9:01 pm
” The support statements included with the Arjuna-Follow This proposal explain that the activists want Exxon Mobil to reduce its operational GHG emissions by 50 percent on an absolute basis by 2030 and to introduce targets reducing Scope 3 emissions consistent with limiting global warming to 1.5 degrees Celsius. [read post]
11 Mar 2024, 11:09 am
In 2007, Exxon lost its Venezuelan oil fields when Venezuela nationalized the deposits on behalf of PDVSA. [read post]
9 Mar 2024, 6:30 am
The proposal was withdrawn on February 2nd, but Exxon vowed to continue in court. [read post]
9 Mar 2024, 6:30 am
The proposal was withdrawn on February 2nd, but Exxon vowed to continue in court. [read post]
5 Mar 2024, 12:50 pm
Exxon Mobil Corporation. [read post]
1 Mar 2024, 6:30 am
Davis, and Rose James, Teneo, on Monday, February 26, 2024 Tags: affirmative action, Anti-DEI, dei, Diversity, Stakeholders, Transparency Oregon State Treasury Nomination Neutrality Posted by Philip Larrieu, Oregon State Treasury, on Monday, February 26, 2024 Tags: Board of Directors, Director nominations, fiduciary duty, Proxy access, shareholder interests, Universal Proxy Rebellion extinction: Does Exxon mark the end of shareholder engagement? [read post]
1 Mar 2024, 6:30 am
Davis, and Rose James, Teneo, on Monday, February 26, 2024 Tags: affirmative action, Anti-DEI, dei, Diversity, Stakeholders, Transparency Oregon State Treasury Nomination Neutrality Posted by Philip Larrieu, Oregon State Treasury, on Monday, February 26, 2024 Tags: Board of Directors, Director nominations, fiduciary duty, Proxy access, shareholder interests, Universal Proxy Rebellion extinction: Does Exxon mark the end of shareholder engagement? [read post]
27 Feb 2024, 6:30 am
This conflict, epitomised by the recent legal battle between Exxon Mobil and its shareholders, is an acute example of the evolving complexities for corporate-governance professionals. [read post]
27 Feb 2024, 6:30 am
This conflict, epitomised by the recent legal battle between Exxon Mobil and its shareholders, is an acute example of the evolving complexities for corporate-governance professionals. [read post]
9 Feb 2024, 6:30 am
Turner, Queen’s University Belfast, on Monday, February 5, 2024 Tags: Banks, British, Extended liability, Insurance firms, Limited liability, Shareholder, Shareholder liability, UK, United Kingdom Exxon proxy suit highlights divide between ESG investing and activism Posted by Amy D. [read post]
9 Feb 2024, 6:30 am
Turner, Queen’s University Belfast, on Monday, February 5, 2024 Tags: Banks, British, Extended liability, Insurance firms, Limited liability, Shareholder, Shareholder liability, UK, United Kingdom Exxon proxy suit highlights divide between ESG investing and activism Posted by Amy D. [read post]
9 Feb 2024, 5:25 am
The company says it needs a court ruling to resolve the issue (Exxon Mobil Corporation v. [read post]
6 Feb 2024, 9:00 pm
Here’s an excerpt from this Reuters article: Exxon said it would continue with the suit, which questions the motivations of the investors and notes the rising number of resolutions being filed for corporate ballots. [read post]
5 Feb 2024, 6:32 am
On January 21, Exxon Mobil Corporation initiated litigation against two activist investors, asking a Texas federal court to declare that Exxon may properly exclude the activists’ climate-related shareholder proposal from the company’s 2024 proxy statement. [read post]
5 Feb 2024, 6:32 am
On January 21, Exxon Mobil Corporation initiated litigation against two activist investors, asking a Texas federal court to declare that Exxon may properly exclude the activists’ climate-related shareholder proposal from the company’s 2024 proxy statement. [read post]
