
Tag: ExxonMobil


CalSTRS Votes Against Record Number of Boards in 2024
The $341 billion pension giant opposed more than 2,200 boards of directors in proxy voting this year, mainly on climate risk disclosure.

How Investors Can Benefit From Energy’s Coming Changes
JPM’s Michael Cembalest explores opportunities as renewables rise, but fossil fuels will too as the population grows.

How Chris Ailman Cemented a Legacy of ESG Activism
The long-serving CalSTRS CIO, who retires June 30, used the pension giant’s financial heft to press companies toward more sustainable paths.

Good News: Earnings Log Best Growth Rate Since Post-Pandemic Surge
S&P 500 profits are headed for a good 2024, a FactSet survey shows.

Shareholder Activist Vote Against ExxonMobil Fails

CalPERS to Oppose Appointment of ExxonMobil Board of Directors

Shareholder Activists Call for Removal of ExxonMobil CEO

Texas Fund’s BlackRock Pullout Marks Latest Anti-ESG Broadside
A Republican-led backlash, including laws to undermine sustainability efforts in 17 states, may be having some results.

Why Beaten-Up Oil Stocks Have a Good Future
Renewables won’t take over for a while, the world’s population is expanding, and emerging economies are growing.

Chris Ailman Wins CIO’s 2023 Lifetime Achievement Award

Why Oil Stocks, Slipping Now, Have a Bright Future
The industry will be needed to bridge the long transition to net-zero from now to 2050, JPM says.

Norway’s Sovereign Wealth Fund Backs Shell, Votes Against Chevron, ExxonMobil on Climate Proposals
Fund manager Norges Bank Investment Management sided with Shell in rejecting a proposal to align greenhouse gas targets with the Paris agreement.

Due Diligence: Using ESG as a Risk Mitigator
Although seldom apparent in financial statements, environmental, social and governance deficiencies can come out of nowhere and slam investors.

Growth Stocks’ Leadership Will Be Short-Lived, Ned Davis Predicts
Analysts at the celebrated research shop say value will come to the fore during the upcoming recession.