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.


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 >

350org
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Votes of No-Confidence in ExxonMobil’s Climate Leadership

, climate accountability campaign director

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.

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Photo: 350.org/Flickr
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Photo: Mike Mozart/Flickr

What to Expect—and Not to Expect—in ExxonMobil’s 2019 Climate Risk Report

, climate accountability campaign director

The release of ExxonMobil’s 2019 Outlook for Energy and its 2019 Energy and Carbon Summary may come as early as this week. Published in response to shareholder demands, the 2018 Energy and Carbon Summary was supposed to disclose the company’s plans for a world in which global temperature increase is kept well below two degrees Celsius (2°C). Drawing on UCS’s 2018 Climate Accountability Scorecard and our ongoing engagement with the company, here are four things to expect—and one thing not to expect—in ExxonMobil’s 2019 Energy and Carbon Summary.

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Photo: Mike Mozart/Flickr
ExxonMobil 2018 Energy & Carbon Summary
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Photo: Mike Mozart/Flickr

ExxonMobil Refuses to Give Scientists the Floor: Reflections from a Corporate Shareholders’ Meeting

Robert E. Forbis Jr., , UCS

It was with great anticipation that I attended the ExxonMobil Shareholders Meeting last month at the invitation of the Union of Concerned Scientists (UCS). My attendance was facilitated via proxy from Mercy Investment Services. In doing so, I joined a multitude of interested parties—some of whom had traveled great distances—to engage ExxonMobil’s CEO Darren Woods in discussions concerning a wide array of topics including, but certainly not limited to, climate change. Alas, none of us (representatives of the Union of Concerned Scientists or others who had come prepared with questions about climate change or environmental issues) were called upon. We were, in fact, studiously avoided. Read more >

Photo: Mike Mozart/Flickr
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Photo: ArtBrom/Flickr

Will Chevron Show Leadership in Climate Solutions? Notes From the 2018 Shareholders’ Meeting

Dr. Tessa Hill, , UCS

Last week, I joined the Union of Concerned Scientists at the Chevron shareholders’ meeting in San Ramon, CA. We were there to ask why Chevron leadership, and shareholders, have not pushed for more meaningful action to meet global emissions targets that would keep climate warming well below 2 degrees celsius.

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