#ExxonKnew


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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ExxonMobil Execs Care More About Dodging Responsibility for Climate Damages Than Preventing More Harm

Dr. Rick Hammer, Associate Professor Biology, Hardin-Simmons University, , UCS

I had the privilege of attending the ExxonMobil annual shareholders’ meeting on May 29th in Dallas, Texas. As a scientist focused on urban ecology and biodiversity in the context of the sustainability of urban greenspaces in my home state of Texas, I attended the meeting with a question for ExxonMobil CEO Darren Woods. Read more >

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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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Exxon refinery in Baytown, Texas.

Fossil Fuel Giants Are Pumping Out Greenwashing—Their Tricks Won’t Work

, climate accountability campaign director

In recent months, we’ve seen fossil fuel giant ExxonMobil leave the American Legislative Exchange Council (ALEC), pledge $1 million to support a carbon tax, announce measures to reduce methane emissions, and join the Oil and Gas Climate Initiative (OGCI). Is the company finally getting serious about addressing climate change? Um, no. We found that these companies still appear to be trying to trick us with greenwashing. Here are six tricks by ExxonMobil and some of its key competitors that we’re countering with our public exposure and organizing. Read more >

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