CalPERS board members voice concerns about investing in Exxon after testimony from beneficiaries

FRIDAY, JUNE 28, 2024 – The Interfaith Center on Corporate Responsibility laments the U.S. Supreme Court’s overturning of the decades-old doctrine of Chevron deference, which gives deference to federal agencies to write sensible rules to carry out the laws of Congress. In scuttling this important doctrine, the Supreme Court will make it harder for federal […]

It’s your chance to vote your views and your conscience.

ICCR Climate Crisis Issue Brief One, June 2024 The transition to carbon-neutral economies will require a vast quantity of minerals. In essence, we must shift from a fossil fuel-intensive economy to one based on minerals, which are needed to harness and store the energy in natural systems. Due to their importance in new technologies, economic […]

HOUSTON, June 17 (Reuters) – A U.S. judge on Monday dismissed a lawsuit Exxon Mobil (XOM.N) had filed against activist group Arjuna Capital after the group had agreed not to pursue future proxy filings at the company’s annual meetings.

The 2024 corporate annual general meeting season has begun, and that means it’s time to vote your proxy ballots. Why is voting proxy ballots so important?  The shareholder proposal process allows both large and small shareholders to alert corporate boards and the investor community to their concerns and to request timely action on emerging, or neglected, issues. A […]

On January 21, ExxonMobil filed a case in the Fifth Circuit Court in Dallas, Texas suing two shareholders, Arjuna Capital and Netherlands-based FollowThis, who had dared to file a proposal requesting that the company do more to reduce its greenhouse gas (GHG) emissions to help counter the growing climate crisis. The lawsuit set in motion […]

Days after environmental advocacy group Liveable Arlington released a report on pollution emitted from Arlington’s natural gas drilling sites, Jennifer Quick stood before City Council May 28 to ask some questions. Have officials done any research beyond what natural gas companies have told them about pollution? Have they proposed ways to make residents safer?

Tim Smith, senior policy advisor for the Interfaith Center on Corporate Responsibility, talks about shareholder engagement on the ‘A Matter of Faith’ podcast

Tackling methane is the easiest, cheapest way to reduce climate pollution and stimulate local economies

CONTACT:Susana McDermottDirector of CommunicationsInterfaith Center on Corporate Responsibility (ICCR)201-417-9060 (mobile)smcdermott@iccr.org NEW YORK, NY, WEDNESDAY, MAY 29, 2024 – As votes from today’s annual meeting of ExxonMobil shareholders were tallied and preliminary results announced, it became clear that the company’s hostile campaign directed towards its own shareholders had taken its toll. While shareholder support for this […]

Single-use plastics also on the ballot at oil companies, in the latest from proxy-voting season.

ExxonMobil’s court suit against two investors who filed a shareholder resolution on climate change has resulted in a chorus of opposition by investors who vigorously opposed the case with many publicly declaring that they are voting against members of the Board to signal their deep concern. This outpouring of investor opposition is virtually unprecedented and […]