President Donald Trump may have quit the Paris climate accord, but shareholders are not going to let carbon-producing US companies off the hook. Witness the investor victory over Exxon Mobil Corp. management on May 31, a day before the Trump decision.
Over the Exxon board's objections, almost two-thirds of shareholders voted for a proposal asking the company to provide a detailed report on how curbing climate change could affect its business. Leading the charge was the giant New York State Common Retirement Fund, which manages USD 192 billion and is a veteran activist. Its partner was a far smaller and lower-profile newcomer taking one of its first public stands in the US: the Church of England.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from EnergyWatch
Ørsted CEO: "Renewable energy is now a security policy issue"
Economic warfare against Russia has prompted Europe to raise its ambitions and purge itself of fossil fuel energy, and this agenda suits the Ørsted CEO perfectly.
Siemens Gamesa sends factories into hibernation, sacks employees
Two US factories will be closed over the summer, and several workers will be laid off. A patent case with GE is to blame, along with low demand.
RWE criticizes Repower EU
The German utility is concerned that elements of the new EU plans will end up curtailing the roll-out of hydrogen and that Repower EU could potentially run counter to the entire purpose of emissions trading.
EDF, Maple Power reteam with BW Ideol for French tender
BW Ideol has signed an agreement with the two companies to help design floating foundations for upcoming tender.
Tesla plans return to pre-pandemic level production in Shanghai
One of the major impediments for Tesla and other manufacturers in Shanghai has been a shortage of workers, along with shipping issues and limited supplies of components.
IT project manager for digital transformation in the middle of the green transition 
Marine Sales Executive - Performance Coatings 
Project Developer 
Energy specialists - sales and consulting of heat pump solutions 
Engineer or physicist with an interest in energy, international work, supervision and regulation 
Data analyst / data scientist to develop the Danish electricity distribution network and support green transformation of Denmark 
Senior Expertise Director, Biomass 
Head of operation & maintenance west - Gas in the green transition 
Team Manager 
Head of Secretariat - The Indo-Danish Centre of Excellence for Offshore Wind and Renewable Energy 
Strategic project manager for the green transition 
Strategic Business Development Consultant 
Pipeline Manager