What's being called one of Big Oil's worst days was seen by Catholic and other shareholder activists as a big victory and sign of a potential sea change in their decadeslong push for fossil fuel compa.
Groundbreaking climate accounting resolution heads for shareholder vote at oil giants Chevron and Exxon
Major proxy advisors recommend votes in favour of resolution.
First year shareholder resolutions filed by Christian Brothers Investment Services at ExxonMobil, and by As You Sow at Chevron, will be up for a vote at the companies’ annual general meetings on May 26.
The non-binding resolutions ask Exxon and Chevron to issue an audited report assessing how a significant reduction in fossil fuel demand, as set forth in the International Energy Agency’s net zero emissions by 2050 scenario, will affect each company’s financial position and the underlying assumptions they use in company financial statements.
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On May 17th, St. Irenaeus’ Health Ministry, Bridge of Light: Human Trafficking to Human Triumph Ministry, and Youth Ministry sponsored the workshop, “Taking Action to Prevent Online Child Sexual Exploitation.” This workshop was presented by CBIS (Christian Brothers Investment Services). St. Irenaeus Pastor, Fr. Binh Nguyen, began with a prayer.
Health Ministry Facilitator, Monica Kovach, introduced Julie Tanner, CBIS Managing Director, and Chele Mitchell, CBIS Managing Director, Investor and Consultant Relations, the principal speakers. How can an investment services company protect kids from online sexual exploitation? CBIS contacts tech and telecom companies to ask about their efforts to protect children from exploitation and discuss how to strengthen their efforts. CBIS represents investors in “content oversight talks” with tech and telecom companies. CBIS also informs consumers about how their marketplace choices can reflect Catholic values.
St. Irenaeus’ Health Ministry sponsored a very informative workshop on earthquake preparedness on Oct. 21st presented by Susan Trant, owner of Be Ready Earthquake and Survival Products. Susan listed practical plans and products that could help us survive a disaster. The presentation was attended by about 40 people, including Cypress …continue reading
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