Tag: ExxonMobil
Shareholder Resolution Filed with ExxonMobil on Sustainable Energy Access
December 20, 2018The Tri-State CRI supported member the Dominican Sisters of Caldwell in filing a shareholder resolution with ExxonMobil on Sustainable Development Goal (SDG) 7, which calls for universal access to reliable, affordable, sustainable, and modern energy. Roughly 3 billion people worldwide rely on wood, coal, charcoal or animal waste for cooking and heating, and nearly 1 billion people have […]
ExxonMobil Investors Make History with Majority Vote on Climate Risk Disclosure (Ceres Press Release)
May 31, 2017Investors claimed a historic win today at ExxonMobil’s annual meeting with a majority vote in favor of a shareholder proposal calling on the oil and gas giant to assess and disclose how it is preparing its business for the transition to a low-carbon future. The proposal was hotly contested as Exxon’s management fought to sway […]
Faith investors mobilize to press ExxonMobil to address climate change
May 30, 2017After decades of engagement, faith groups anticipate a tipping point on climate resolution at tomorrow’s annual shareholder meeting. NEW YORK, NY – Tuesday, May 30th, 2017 – To galvanize greater investor support and attention for one of the proxy season’s most anticipated votes, nearly three dozen faith-based investors – all members of the Interfaith Center […]
Sr. Pat Daly Actively Invites Confluence Members to Join in Shareholder Advocacy on Climate Change
March 31, 2017(Article originally published by Confluence Philanthropy) Tim Smith, Confluence Advisor Member and Director of ESG Shareowner Engagement at Walden Asset Management, reports back from Sister Pat Daly’s keynote presentation at Confluence’s 2017 Annual Practitioners Gathering. Tim is a member of the steering committee for Confluence’s Active Owners Working Group, dedicated to helping funders and investors work together to […]
Investors Renew Call on Exxon to Address Climate Risk
February 23, 2017Coalition Representing $4 Trillion in Assets Asks Exxon How It Will Be Impacted by a Lower Carbon Future Original Press Release from the Office of the New York State Comptroller available here A coalition of institutional investors, led by New York State Comptroller Thomas P. DiNapoli, as trustee of the New York State Common Retirement Fund […]
Investors View Solid Support for Climate Proposals at ExxonMobil/Chevron AGMs as Wake-Up Call for Industry
May 25, 2016CEOs Tillerson and Watson remain bullish on fossil fuels in spite of mounting pressure from institutional investors calling for alternative, more sustainable energy pathways. NEW YORK, NY, WEDNESDAY, MAY 25, 2016 – ICCR members who have long advocated for climateconscious business planning at oil and gas giants ExxonMobil and Chevron, pushed for climate action through […]
Tri-State CRI Encouraged by Strong Support at ExxonMobil Annual Meeting
In a rebuke of ExxonMobil’s Board and Management, at today’s annual meeting 18.5% of ExxonMobil shareholders representing around $69 billion in Exxon shares voted to support Tri-State CRI’s resolution calling for Exxon to acknowledge the moral imperative to limit global warming to 2 degrees Celsius or less. Faith based investors welcome this strong signal from […]
Sister Patricia Daly to ExxonMobil: Get on board with Paris goals (Responsible Investor)
May 17, 2016From Responsible Investor (link) Shareholders are encouraged to support the ‘moral imperative’ resolution on May 25 by Sister Patricia Daly | May 10th, 2016 Will climate change impact everyone the same way? What will happen to low-lying populations and vulnerable peoples if warming exceeds 2°C? Are these impacts fair? Mitigating climate change has been called the […]
ExxonMobil Fails to Block Climate Justice Proposal at the SEC
March 25, 2016Faith-Based Shareholders Force Vote at ExxonMobil on Moral Imperative of Limiting Global Warming to 2 Degrees Celsius New York, NY, Thursday, March 24, 2016 – As a result of an SEC ruling yesterday, for the first time ExxonMobil shareholders will grapple with the moral and justice implications of climate change, as related to the company’s […]
Tri-CRI Launches Petition Asking ExxonMobil To Support the Paris Climate Talks
November 11, 2015In support of Tri-CRI’s shareholder resolution to ExxonMobil entitled “Acknowledge Moral Imperative to Limit Global Warming to 2°C,” the Coalition has launched a public petition to Exxon asking the company to support the COP21 Paris Climate Negotiations set to begin at the end of this month. As the petition notes, already, ten of ExxonMobil’s peers […]
