divestment


Photo: Brian Katt

ExxonMobil’s Jekyll-and-Hyde Act: A Year in Holding Fossil Fuel Companies Accountable

, climate accountability campaign director

Just a few weeks into the new year, ExxonMobil has turned the page on 2017—a year of significant gains for corporate climate accountability and significant setbacks for major fossil energy companies. However, some of these companies are aggressively fighting back, continuing to spread climate disinformation and refusing to plan for a low-carbon future. ExxonMobil, in particular, has moved toward countersuing California communities that are suing it and other fossil fuel producers over climate-related damages, and launched a webpage and video attacking the #ExxonKnew campaign. ExxonMobil’s retaliation against advocates for climate action and corporate accountability is a sure sign that our work is having an impact, and that now is the time to redouble our efforts.

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Courtesy of Public Citizen, Air Alliance Houston, and Center for Climate Integrity
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Photo: WalkingGeek/ CC by (Flickr)

Barnard College to Divest from Fossil Fuel Companies that Deny Climate Science

, climate accountability campaign director

This past Saturday, the Barnard College Board of Trustees voted to divest from all fossil fuel companies that deny climate science or otherwise seek to thwart efforts to mitigate the impact of climate change. The decision was based on the recommendation of a Presidential Task Force to Examine Divestment, which cited our report The Climate Accountability Scorecard: Ranking Major Fossil Fuel Companies on Climate Deception, Disclosure, and Action as a potential resource for differentiating among companies. As other investors follow in Barnard’s footsteps, it will create incentives for and put pressure on companies like ExxonMobil, Chevron, and Shell to improve their climate-related positions and actions. Read more >

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UCS Goes Fossil Free

, president

When you work for the Union of Concerned Scientists, you learn quickly that we walk the walk when it comes to caring for the environment. Our offices are all energy efficient. We not only recycle our paper products but compost our leftovers at lunch. And every month feels like “Bike to Work Month.” Above all, we believe it’s important to follow our own advice.

So in 2013, when our Board of Directors realized that our investment portfolio included some holdings in fossil fuel companies, we knew we had to act. Read more >

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