Exxon Mobil To Adjust Board To Address Climate: Report
01/27/21 AT 12:17 PM
Exxon Mobil plans to announce new steps to tackle climate change including by adding members to its board as it confronts rising investor scrutiny of its contribution to global emissions, US media reported on Wednesday.
The struggling oil giant is considering adding one or more members to its board and increasing sustainability investments, the Wall Street Journal said, citing unnamed sources.
Exxon Mobil s board currently has 10 members. In January 2017, it named climate scientist Susan Avery as a member.
However, the company has repeatedly come under fire from environmentalists over the dominance of petroleum investments in its capital program at a time when Royal Dutch Shell and other companies are also investing in green energy.
This Christmas Eve, I know what my husband and I will be doing: We ll be up a little too late stuffing stockings with stickers and sweets, arranging wish-list presents under the tree, and biting into the cookies they ve left for Santa. We ll leave the window half-open and the table by it askew, as if Big Red had to make a fast getaway before the kids woke up. We re not sure whether the oldest believes in him anymore, and even if she still does, I m sure we ll be found out soon. But until then, we re happy to stoke the fires of this holiday myth – as are many parents.