Shareholder Concerns About ExxonMobil: Pay, Performance, and Climate Change

VEA Vice Chair Nell Minow writes in Huff Post: I am proud to serve on the board of the shareholder advocacy non-profit 5050 Climate Project, which had a major success last week with the first-ever majority shareholder vote on a climate change-related proxy proposal, at Occidental Petroleum. They also released a major new report this…

50/50 Climate Project Shows Conflicts Skew Proxy Voting Decisions

Ross Kerber reports at Reuters: Several big fund firms supported challenges on executive pay or climate disclosures less frequently where they had business ties to energy companies and utilities, according to a new study released on Tuesday. The scrutiny of firms including Vanguard Group and Invesco Ltd is the latest research to raise questions about…