ExxonMobil faces “winds of change” when it comes to reaching the climate fight committee
ExxonMobil, the titan of the American corporation, is experiencing a crucial moment this week, with quiet shareholders not to mention what critics call an inappropriate response to seismic changes caused by climate change.
On Wednesday, the most watched proxy battle it will end in a vote to decide who is in charge of ExxonMobil over the years. The company is trying to overcome a challenge to the 1st engine of the debut hedge fund, and after some final approval, entrepreneurs believe victory is at hand.
“This will resonate,” said Anne Simpson, head of Calpers ’board of directors and sustainability, a U.S. pension fund that supports activists. “The winds of change are blowing through companies that are unsure of how to reluctance, fear or take action [on climate]”.