This week, an Anglo-Australian company’s annual meeting could send a strong signal for companies’ climate risk disclosure around the world. BHP Billiton Limited, a multinational mining and petroleum conglomerate, will hold its Annual General Meeting (AGM) in Melbourne, Australia. Shareholders are calling for more complete disclosure of the company’s direct and indirect lobbying spending on climate and energy—and for BHP to end its membership in industry groups whose positions are inconsistent with its own. Such disclosure would be a big deal. Read more >
August 24, 2017 10:19 AM EDT
A new study concludes that ExxonMobil misled the public about climate change. ExxonMobil has already dismissed the study’s conclusions and questioned the authors’ motives. By insisting that it does not cover up climate science, ExxonMobil misrepresents the real issue: its failure to act on scientific knowledge of the devastating climate impacts of its product. Read more >
June 1, 2017 5:57 PM EDT
It is remarkable what you can achieve when you set the bar really low.
By announcing his plan to withdraw the United States from participation in the Paris climate accord, shamefully reneging on our nation’s commitment to join with the world community of nations in fighting climate change, President Trump accomplished the striking feat of making appear virtuous and responsible almost every other major entity whose actions have contributed mightily to the problem.
Even ExxonMobil. Read more >
January 31, 2017 12:32 PM EDT
The nomination of Rex Tillerson, former CEO of ExxonMobil, is on the Senate floor this week. Tillerson is a weak nominee at a time when the United States desperately needs skillful, experienced diplomacy to assert continued leadership on vital global affairs. His confirmation process confirmed one thing: he is ill-equipped to deal with the chaotic consequences of President Trump’s “America First” agenda and the risks it poses for our relations with other nations and our status as a world leader. Read more >
December 11, 2016 5:16 PM EDT
When the news broke that President-elect Donald Trump was considering nominating ExxonMobil Chair and CEO Rex Tillerson as Secretary of State, I refused to dignify the rumor with a response. The prospect of the leader of the nation’s largest fossil fuel company becoming our top diplomat was too preposterous—not just because ExxonMobil sells a product that is causing global warming—but because the company knew decades ago that its product was dangerously interfering with the climate and chose to mislead the public rather than be part of the solution.
Read more >