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ExxonMobil’s Climate Change Pivot Speaks Volumes about Shareholder Activism

Bob Leonard - Climate Risk Manager 03.03.2019

 

Pension funds and other big-dollar investors have long been challenging fossil fuel companies on climate change. In response, some have stepped up their efforts to cut greenhouse gas emissions. ExxonMobil is one of the holdouts, but cracks in its armor are finally beginning to show.   Read the entire article at TriplePundit.    Reuters recently reported […]

 

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Insurance Giant AXA Divests from Fossil Fuels, Increases Green Investments

Bob Leonard - Climate Risk Manager 01.05.2018

 

One of the world’s biggest financial services companies is both dumping investments and ending insurance for controversial US oil pipelines, taking fossil fuel divestment to a new level.   Read the entire article at The Guardian.   AXA is also quadrupling its divestment from coal businesses and increasing its green investments fivefold by 2020. The moves […]

 

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