ExxonMobil has sued activist investors Follow This and Arjuna Capital, to prevent a shareholder proposal on accelerating emissions cuts from being put to a vote.
ExxonMobil is suing Arjuna Capital and Follow This to block a shareholder proposal seeking to curb greenhouse gas emissions, bypassing the SEC’s usual process.
ExxonMobil is suing Follow This to block a shareholder vote on accelerating climate change commitments. The oil giant’s move bypasses the usual regulatory process and is being closely watched globally.
ExxonMobil is suing activist investors Follow This and Arjuna Capital to prevent a shareholder climate resolution from reaching a vote, marking an escalation in corporate-activist battles.
Exxon Mobil filed a lawsuit against climate-focused investors Arjuna Capital and Follow This, aiming to block a shareholder proposal regarding emissions reduction targets.
ExxonMobil sued to block a climate proposal from its shareholder meeting, claiming activist investors' demands for tighter targets don't serve investor interests.