July 25, 2019 9:00 AM EDT
This legislation is desperately needed – our economy is so interconnected, and the effects of climate change so far-reaching that no publicly-traded company is untouched by or immune to climate-related financial risks. Companies will emerge with more robust climate plans, and investors will (finally) have a mandated climate reporting framework that will allow them to evaluate and compare the climate risks in their portfolios. Read more >
June 10, 2019 9:22 AM EDT
Fossil fuel companies knew they were damaging the planet—and spent millions to mislead the public. Is the law about to catch up with them? Read more >
June 4, 2019 2:56 PM EDT
Before entering ExxonMobil’s annual meeting in Dallas last week, shareholders had to pass local activists holding a 100-foot-long banner with the message “Climate Crisis: #ExxonKnew—Make Them Pay.” I attended the meeting for the fourth year in a row and was not surprised that, once inside, shareholders wanted a voice in the company’s handling of climate change issues. ExxonMobil blocked them from voting on shareholder proposals specifically about climate change, so they used every opportunity to express their discontent with the company’s climate action. Despite the spin that shareholders “rejected” the climate-related proposals, the results are actually a vote of no-confidence in how ExxonMobil’s leadership is addressing climate change.
August 31, 2017 1:44 PM EDT
As Harvey continues to wreak havoc in the Southeast, one issue is starting to emerge as a growing threat to public health and safety: Houston’s vast oil, gas, and chemical production landscape. We’ve already seen accidental releases of chemicals at facilities owned by ExxonMobil, Chevron, and others. Now we are seeing explosions at Arkema’s Crosby facility 20 miles northeast of Houston, due to power failures and flooding. And there remains a threat of additional explosions. Read more >
July 7, 2016 1:23 PM EDT
Lest we forget, climate change poses serious risks for businesses. It makes sense that the White House is increasingly interested in how well government suppliers are prepared for the impacts. Read more >
