Annual Meetings of Major Fossil Fuel Companies

The Union of Concerned Scientists keeps an eye on Chevron, ExxonMobil, and other major fossil fuel company annual meetings. Our experts weigh in with insights and analysis on these important company events and their implications for addressing climate change.


2019 ExxonMobil Shareholder meeting action/350.org

BP, Chevron, and ExxonMobil Have a Lot to Answer for on Climate at their Annual Meetings

, climate accountability campaign director

We’ve decided to put out our questions for the leaders of fossil fuel companies ahead of their virtual annual shareholder meetings—so that journalists, advocates, and activists can amplify and follow up. Read more >

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Creative Commons by 2.0/Daniella Beccaria

Shell Inches Forward on Climate Action

, climate accountability campaign director

Royal Dutch Shell yesterday announced an update to its climate “ambitions,” stating that the company aims to be a net-zero emissions energy business by 2050, if not sooner. While Shell explicitly seeks to bring net global warming emissions from its operations to zero by mid-century, the company’s pathway for reaching net zero emissions from the use of its products is less clear. Read more >

Creative Commons by 2.0/Daniella Beccaria
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Stefano Campolo/Flickr

The Proof is in the Pudding: Wading into Fossil Fuel Company Reports

, Corporate Analyst and Engagement Specialist

Every February through May, I sequester myself away to read company reports from major fossil fuel companies. It usually gets off to an exciting start in early February when ExxonMobil and Chevron release their shareholder-mandated climate risk reports – this year though, things started early when ExxonMobil released its climate risk report this week. Then we have the months-long deluge of annual reports, SEC filings, sustainability reports, and finally proxy statements. In all, it’s over 500 pages of corporate accounting, advertising, shareholder reassurance, and spin. Read more >

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Three Reasons Investors Should Give ExxonMobil’s 2020 Climate Report the Thumbs-Down

, climate accountability campaign director

Yesterday, ExxonMobil quietly published its 2020 Energy & Carbon Summary, the company’s latest report in response to rising shareholder demands for improved climate risk disclosure. While the report came without fanfare, you can bet that ExxonMobil will be hammering away at these talking points in the lead-up to its annual general meeting in late May. My hot-take: investors should not be duped by this slick, self-serving attempt by the oil and gas giant to claim that it’s doing its part to address climate change. Here are three reasons why. Read more >

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Reality Bites: Fossil Fuel Companies Face Climate Liability Claims After Decades of Denial

, climate accountability campaign director

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 >

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