lobbying


Shareholders Not Playing Games at Big Oil Annual General Meetings

, climate accountability campaign manager

Major fossil fuel producers are holding their annual general meetings (AGMs) this month amid mounting pressure from investors, increasing risks of legal liability for climate damages, and heightened scrutiny of their lobbying and public policy advocacy. BP and Royal Dutch Shell host their AGMs this week; ExxonMobil and Chevron will follow next week.

If shareholder meetings were classic game shows, and investors were keeping score, fossil fuel companies would be coming up short. Read more >

©corlaffra/Shutterstock.com
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In Australia, Too, Shareholders Demand Climate Transparency from Fossil Fuel Companies

, climate accountability campaign manager

[Update December 19, 2017, 1:16pm] BHP Billiton Limited issued its promised report on the material differences between the company’s positions on climate and energy policy and the advocacy positions on climate and energy policy taken by industry associations to which BHP belongs. Based on its review, the company has decided to withdraw from the World Coal Association and to reconsider its membership in the US Chamber of Commerce. BHP will formally communicate with the Minerals Council of Australia (MCA) over the inconsistencies between its position and those of the MCA, request that the MCA refrain from policy activity or advocacy in those area, and review its membership in the MCA if the association has not heeded that request within a year.

BHP’s report and the actions the company has taken based on it are a significant step forward for transparency and accountability of corporate lobbying. UCS and our supporters will be urging other major fossil fuel companies to match BHP’s disclosures and to ensure that the climate-related positions of their trade associations and industry groups are aligned with their own.

Read more >

Fig. 2 from Frumhoff, Heede, Oreskes (2015) based on data from Heede (2014)
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BP Hosts Annual General Meeting Amid Questions on Climate Change

, climate accountability campaign manager

Tomorrow, BP holds its Annual General Meeting (AGM) in London. BP shareholders are gathering at a time of mounting pressure on major fossil fuel companies to begin to plan for a world free from carbon pollution—as evidenced by last week’s vote by a majority of Occidental Petroleum shareholders in favor of a resolution urging the company to assess how the company’s business will be affected by climate change. Read more >

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ConocoPhillips Shareholders to Consider Climate-Related Lobbying and Executive Perks

, climate accountability campaign manager

Today ConocoPhillips holds a virtual annual shareholders’ meeting, where the company will face two significant climate-related resolutions. These resolutions intersect with some of the key findings and recommendations of UCS’s 2016 report The Climate Accountability Scorecard. ConocoPhillips responded to the report shortly after its release, and UCS has been engaging with company officials over the company’s climate-related positions and actions since then. We’ll be following the shareholders’ meeting with keen interest. Read more >

©corlaffra/Shutterstock.com
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Congress Wants to Keep the Feds Out of Fracking: Bad Idea

, director, Center for Science & Democracy

In July, before our Science and Democracy forum on fracking, I wrote about the important role the federal government has to play, working with state and local government, to address the risks of hydraulic fracturing and the associated development of unconventional oil and gas resources. Apparently, members of the U.S. House of Representatives didn’t read my blog. Read more >

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