Bloomberg

A federal judge dismissed ExxonMobil's lawsuit against Arjuna Capital after the activist group promised not to resurrect a shareholder proposal.
Shell shareholders have approved the company's new energy transition plan, which features weaker carbon-emissions targets, while rejecting a Follow This climate resolution.
ExxonMobil's lawsuit against shareholder activists is continuing, even after the investors withdrew their climate proposal.
ExxonMobil has taken the unusual step of suing Follow This and Arjuna Capital to block a non-binding shareholder proposal.
Investors managing over $4 trillion in assets joined climate activist group Follow This to pressure Shell into greater carbon emission cuts.
Follow This argues oil companies must accelerate the energy transition. Yet none have an adequate plan to cut emissions this decade.
At Shell’s annual meeting, Follow This called on the company to align its emission reduction targets with the Paris Agreement. Shell has not committed to those goals.
Chevron shareholders defied the company's board by voting for a climate proposal from Follow This, which requires the oil giant to reduce its carbon emissions.