Exxon Mobil Corp. (NYSE:XOM) can proceed with its lawsuit against Arjuna Capital even after the activist investor group withdrew a shareholder proposal the company opposed, a federal judge ruled.
Shell Plc shareholders approved the company’s new energy transition plan with weaker carbon-emissions targets, while rejecting a resolution asking the oil and gas giant to align itself with the goals of the Paris Climate Agreement.
Shell (LON: SHEL) beat analyst forecasts with earnings of $7.7bn in Q1, as the top financial boss asks shareholder support for the oil giant's reduced climate targets.
Activist shareholder group Follow This said Norwegian investors are "true stewards" of the global economy, while their international peers promote "climate breakdown".
Exxon Mobil is making an aggressive pushback against climate activists who use shareholder voting to influence boardroom strategy.
Funds managing more than $4 trillion of assets have joined forces with climate activist Follow This to intensify the pressure on Shell to slash its greenhouse gas emissions.
The investment arm of HSBC is ahead of its peers in backing shareholder resolutions designed to force oil majors to adjust their business in response to climate change, according to an analysis by a key activist.
TotalEnergies will face two climate-related resolutions at its annual shareholder meeting on Friday – but what is it that activist investors want?
Campaigners expected to protest inside and outside AGM
Shell is set to face a tense annual general meeting that could be dominated by clashes over climate action after the oil major saw a record year of profits.
Investors including activist group Follow This filed a resolution to pressure TotalEnergies (PARIS: TTE) to vote for more ambitious emissions targets when the company holds its annual general meeting next month.
Shareholder activist group Follow This filed resolutions with Shell (LON: SHEL), BP (LON: BP), ExxonMobil (NYSE: XOM) , and Chevron (NYSE: CVX).
Shell’s (LON: SHEL) overall emissions are projected to drop this decade for the first time, new research has found.
Activist groups are calling on Shell’s incoming chief executive to make “bold decisions” in order to revolutionise the supermajor.
In this latest in our series on ESG investing, Mike Scott assesses the global energy outlook ahead for 2022. Although oil and gas prices are healthy, energy firms will need to stay focused on net zero and emissions targets, and keep an eye on growth areas like hydrogen and other renewable energy sources.
For Big Oil executives, it is difficult to imagine new business models beyond oil and gas. They climbed to the top of the pyramid by being the smartest guys in the room, turning hydrocarbons into petrodollars. Success is a lousy teacher: therefore, they are still determined to increase their total emissions this decade.
An activist investor whose climate resolution garnered 30% votes from Royal Dutch Shell investors says the energy giant has not fully addressed concerns over emissions.
Shell (LSE:RDSA) will increase emissions by 4.4% by 2030, according to new research from Global Climate Insights (GCI), contravening a court order to reduce by 45%.
Shareholders voting at Total’s AGM approved the company’s climate resolution, despite environmental NGOs warning the plan falls short.
A fresh example of the pressure mounting on oil and gas firms to speed up their transitions away from fossil fuels was served up by investors at BP’s annual general meeting today.
As Europe’s oil majors prepare to host their annual shareholder meetings, one topic is garnering almost all the attention.
Shell has urged shareholders to reject a climate change resolution filed by an activist investor at its annual general meeting next month.
Energy giant BP has urged shareholders to reject a climate change resolution at its AGM in May amid claims its strategy is at odds with a key international pact.
Shell has launched a new “accelerated” strategy to get to net zero, and confirmed that oil production peaked for the company in 2019.
A shareholder activist group has claimed a ‘big win’ after an increase in the number of investor votes urging Shell to meet its climate targets.