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 >
2019 ExxonMobil Shareholder meeting action/350.org
BP, Chevron, and ExxonMobil Have a Lot to Answer for on Climate at their Annual Meetings
Kathy Mulvey, climate accountability campaign director
May 26, 2020 11:10 AM EDT
Stephen Melkisethian/Flickr
BlackRock Faces the Reality of Climate Activism
Nicole Pinko, Corporate Analyst and Engagement Specialist
May 6, 2020 2:48 PM EDT
It’s been a big year for BlackRock, which joined the Climate Action 100+, an influential climate shareholder advocacy group, back in January just before Chair and CEO Larry Fink’s annual letter to CEO’s laid out climate-related financial risks as a key long-term concern for shareholders. The next few weeks will show everyone if BlackRock really means business when it comes to climate action – its vote could make or break climate-critical resolutions at ExxonMobil, Chevron, and JPMorgan Chase. Read more >
rulenumberone2/CC by 2.0
Even With Negative Oil Prices and COVID-19 Global Standstill, ExxonMobil, Chevron Must Still Commit to Net Zero Emissions
Nicole Pinko, Corporate Analyst and Engagement Specialist
April 29, 2020 7:00 AM EDT
You may have seen a number of headlines recently and scratched your head, wondering how something as ubiquitous as oil could cost a negative amount of money. Is the fossil fuel industry experiencing a momentary COVID-19 blip, or is the industry in bigger trouble? There’s a lot going on, so this is my attempt to break it down. Read more >
In January 2017, then-API President and CEO Jack Gerard was euphoric about the oil industry's prospects. C-SPAN
Oil Industry Ghostwrites Trump’s Deadly Anti-Environmental Policies
Elliott Negin, senior writer
April 27, 2020 11:01 AM EDT
In the midst of a pandemic that has brought the world to its knees, the Trump administration’s latest spate of anti-environmental actions is maddening—and seemingly inexplicable. Read more >
Stefano Campolo/Flickr
The Proof is in the Pudding: Wading into Fossil Fuel Company Reports
Nicole Pinko, Corporate Analyst and Engagement Specialist
February 3, 2020 9:30 AM EDT
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 >
