Exxon, Chevron given OK to dismiss shareholder climate proposal

A document on the agency website noted briefly that SEC staff agreed March 20 with requests by company officials to exclude proposals from a group of shareholders, including the Church of England and As You Sow, asking if the companies will join other oil and gas companies in taking steps to align with the Paris Agreement goal of net-zero emissions by 2050, and calling for reduction targets, long-term business plans and other details. Read More →

EnergyAs You SowMarch 26, 2020energy, climate, exxon resolution, exxon, Exxon shareholder resolution, che, chevron resolution, Chevron, Chevron shareholder resolution, Hazel Bradford

Shareholders Demand More Climate Disclosures As SEC Moves to Restrict Them

“Reducing greenhouse gas emissions at the margins, while continuing business as usual as Exxon and Chevron are doing, is not a successful long-term business plan, especially when competitor companies are implementing new paths to thrive in a low-carbon economy,” said Danielle Fugere, president of As You Sow, sponsor of resolutions demanding Chevron and Exxon align their business models with the goals of the Paris Agreement. Read More →

EnergyAs You SowJanuary 13, 2020climate, climate change, climate resolution, Karen Savage, SEC, exxon, exxon resolution, chevron, Chevron, chevron resolution, Chevron shareholder resolution, Exxon shareholder resolution