Zero Carbon zealots attacking ExxonMobil, here seen without their shareholder disguises.
WSJ reports with a sad tone what is actually good news that investors are pushing back against ESG political correctness. Their article is: ESG Blowback: Exxon, Chevron Investors Reject Climate Measures Excerpts in italics with my bolds.
An investor-driven climate change push at some of the
world’s largest oil companies has stalled out.
On Wednesday, Exxon Mobil and Chevron’s shareholders struck down a raft of proposals urging the companies to cut greenhouse-gas emissions derived from fuel consumption, put out new reports on climate benchmarks and disclose certain oil-spill risks, among other initiatives.
The votes were abysmal for climate activists. All but two of the 20 shareholder proposals for the two companies garnered less than 25% of investors’ vote, according to preliminary results, with some performing much worse than similar proposals put forward last year.
Among the most…
View original post 750 more words
Utopia, you are standing in it! 
Recent Comments