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Top Exxon shareholders urged by climate groups to vote against re-election of two directors
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EnergyClimate activists urge BlackRock, Vanguard to vote against Exxon directors
Jennifer Hiller
4 minute read
Darren Woods, Chairman & CEO of Exxon Mobil Corporation, attends a news conference at the New York Stock Exchange (NYSE) in New York, U.S., March 1, 2017. REUTERS/Brendan McDermid
Climate activists are prodding Exxon Mobil Corp s (XOM.N) top shareholders to vote against the reelection of two directors, a move that could boost a hedge fund s proxy fight to seat four candidates on the oil giant s board.
Environmental group Sierra Club and other activists have bombarded BlackRock Inc (BLK.N) and Vanguard Group with calls and emails urging them to vote against Exxon Chief Executive Darren Woods and lead independent director Kenneth Frazier at this month s shareholder meeting. The two money management firms hold more than 13% of Exxon shares combined.
Syracuse needs to take climate change seriously
Sarah Lee | Asst. Photo Editor
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The atmosphere continues to warm every year. Despite images depicting evidence of the threat of climate change caused by people, in Syracuse, seasons still seem to come and go. This fall, while fires raged across the Sierra Nevada, Syracuse was greeted with vibrant sunsets and near-perfect fall weather. Additionally, as Texans recover from an extreme polar vortex, Syracuse has faced a relatively average winter in comparison.
This contrast is dangerous. It creates an illusion to Syracuse residents that we have time to combat climate change. In reality, we do not.
Fink demands net-zero disclosure as climate push strengthens
Annie Massa and Alastair Marsh, Bloomberg News Larry Fink, chief executive officer of BlackRock Inc., gestures as he speaks during a Bloomberg event on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2020. World leaders, influential executives, bankers and policy makers attend the 50th annual meeting of the World Economic Forum in Davos from Jan. 21 - 24. , Photographer: Bloomberg/Bloomberg
BlackRock Inc. Chief Executive Officer Larry Fink escalated his call for corporate leaders to focus on the environment in the wake of the COVID-19 crisis, and pledged new measures to address climate change.
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