Tag: ExxonMobil

BlackRock votes against 49 companies for lack of climate crisis progress

World’s largest asset manager reveals votes against directors on environment issues BlackRock, the world’s largest asset manager, has disclosed that in the past year it has voted 55 times against directors at 49 companies for failing to make progress on tackling the climate crisis. The firm announced its sustainability focus in January, when it said […]

Hack-for-hire group targeted climate activists behind #ExxonKnew campaign

The hackers, dubbed ‘Dark Basin’, went after thousands of individuals and hundreds of institutions, a report finds A global hack-for-hire group extensively targeted American activists campaigning against ExxonMobil for withholding information about the climate crisis, according to a new report.  The hackers, dubbed “Dark Basin”, went after thousands of individuals and hundreds of institutions on […]

Change climate policy now to avert oil market crisis, warns thinktank

Governments risk derailing global fossil fuel demand with ‘handbrake turns’ in future The oil industry is at risk of a global market shock that could halve the value of fossil fuel investments if governments delay setting policies to tackle the climate crisis, according to new analysis. A report by Carbon Tracker, a financial thinktank, warned […]

ExxonMobil faces trial over allegations of misleading investors on climate crisis

New York lawsuit alleges company was ‘exposed to far greater risk from climate change than investors were led to believe’ ExxonMobil is to face trial in New York City on Tuesday, accused of misleading investors over the business risks caused by regulations aimed at addressing the climate crisis. The oil and gas giant has been […]

‘Greenwashing’: fossil fuel execs to hold invite-only forum at UN climate summit

BP, Shell and Chevron representatives will be at event on sidelines of UN climate summit Oil and gas executives are holding an exclusive invitation-only forum with environmentalists and government representatives on the sidelines of the UN climate summit, in what critics have condemned as an attempt to influence negotiations in favour of fossil fuel companies. […]