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23 Jan 2024, 9:06 am by Unknown
Reducing GHG emissions is a classic ordinary business operation for an energy company and requires “a detailed and balanced understanding of ExxonMobil’s business, global supply and demand, technical intricacies of emissions reductions, the selection of products and services the company offers, and other matters understood by management and the board. [read post]
9 Aug 2022, 9:05 pm by Oliver Hart and Luigi Zingales
Sixty-four percent of ExxonMobil shareholders approved a proposal requiring the company to describe “if, and how, ExxonMobil’s lobbying activities … align with the goal of limiting average global warming to well below 2 degrees Celsius…” It is hard to explain this behavior using the dominant corporate governance paradigm, according to which shareholders have a single objective: shareholder value maximization (SVM). [read post]
24 Sep 2012, 1:17 pm by WIMS
      The 22 Energy Producers include: (1) ExxonMobil Corporation; (2) BP P.L.C.; (3) BP America, Inc.; (4) BP Products North America, Inc.; (5) Chevron Corporation; (6) Chevron U.S.A., Inc.; (7) Conocophillips Company; (8) Royal Dutch Shell PLC; (9) Shell Oil Company; (10) Peabody Energy Corporation; (11) The AES Corporation; (12) American Electric Power Company, Inc.; (13) American Electric Power Services Corporation;… [read post]
21 Sep 2007, 9:30 am
The coalition pointed to ExxonMobil as an example of a company where more disclosure would be helpful for investors. [read post]
2 Jun 2013, 4:00 am
DiNapoli Monday announced an agreement with Ralph Lauren, a New York–based global apparel retailer, for the company to produce a report measuring and analyzing its labor practices, human rights and environmental impacts. [read post]
13 Mar 2024, 6:32 am
Posted by Subodh Mishra, Institutional Shareholder Services Inc., on Wednesday, March 13, 2024 Editor's Note: Subodh Mishra is Global Head of Communications at ISS STOXX. [read post]
13 Mar 2024, 6:32 am
Posted by Subodh Mishra, Institutional Shareholder Services Inc., on Wednesday, March 13, 2024 Editor's Note: Subodh Mishra is Global Head of Communications at ISS STOXX. [read post]
3 Nov 2014, 8:46 am by WIMS
That is a small fraction of the revenue spent on fossil fuels — it is less, for example, than the revenue of a single American oil company, ExxonMobil. [read post]
23 Mar 2007, 10:58 am
As a barometer of the times, one out of every 10 of these proposals deals with how companies should best respond to challenges posed by global warming. [read post]
29 Feb 2008, 11:26 pm
Just when you think the science of global warming is pretty much settled, with even big companies saying something ought to be done about it, here comes the voice of opposition! [read post]
17 Sep 2010, 12:28 am by Dan
We have consistently harped on the importance of global companies having an anti-corruption policy in place. [read post]
30 Apr 2009, 10:20 am
Before the global financial crisis began in 2007, none of the major Wall Street or banking firms had independent board chairs. [read post]
21 Jul 2017, 6:30 am by Doug Cornelius
[More…] Treasury fines Exxon Mobil $2 million for violating Russia sanctions while Secretary of State Tillerson was CEO OF AC considered the following to be aggravating factors: (1) ExxonMobil demonstrated reckless disregard for U.S. sanctions requirements when it failed to consider warning signs associated with dealing in the blocked services of an SDN; (2) ExxonMobil’s senior-most executives knew of Sechin’ s status as an SDN when they dealt in the… [read post]
3 Apr 2009, 8:55 am
In addition to letters from corporate law firms and trade associations, various companies sent in comments, including: Intel, ExxonMobil, ConocoPhillips, Cardinal Health, Boeing, General Motors, JPMorgan Chase, FedEx, Eli Lilly, Chevron, and Charles Schwab. [read post]
5 Apr 2022, 9:05 pm by Virginia Harper Ho
It is based on her recent article, “The Limits of Enlightened Shareholder Activism,” available here and forthcoming in the International Journal for Financial Services/Revue Internationale des Services Financiers. [read post]
19 Feb 2019, 12:00 pm by Adam Faderewski
“Chip” Casey, of ExxonMobil Corporation, and Treasurer Tom Godbold, of Twin Eagle Resource Management. [read post]
19 Feb 2019, 12:00 pm by Adam Faderewski
“Chip” Casey, of ExxonMobil Corporation, and Treasurer Tom Godbold, of Twin Eagle Resource Management. [read post]
23 Dec 2008, 7:00 pm
  Twelve companies--AK Steel Holding Co.; BorgWarner, Inc.; Brinks Company; Erie Insurance; Fidelity National Financial; Kelley Services, Inc.; Liberty Global, Inc.; Marshall & Ilsley Corp.; SPX Corporation; Synovus Financial Corp.; Huntsman Corporation; and Tesoro Corporation--agreed to adopt an explicit prohibition against workplace discrimination based on sexual orientation and gender identity. [read post]