The Economist: A green light

The-Economist.png

Giant Exxon is not doing this because it has gone mushy or caved in to green activists. Rather, it is heading off a shareholder resolution by Arjuna Capital, a fund manager, demanding explanations and actions on environmental threats to the firm. Exxon’s decision is the biggest step so far in a wider business trend: companies publishing information on their environmental impact and vulnerability to green regulation, to attract or placate investors.  

Read this article from the Economist's Schumpeter blog.

Carbon Asset Risk, Shareholder EngagementArjuna CapitalCarbon Asset Risk, climate change, ExxonMobil, Natasha Lamb, shareholder activism, shareholder resolutions, The Economist, XOM