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Exxon Mobil Must Face Massachusetts Climate Change Lawsuit

2021-06-25 19:05:00| OGI

Exxon Mobil said it was considering its next legal steps. This case lacks merit, and we look forward to defending the company, spokesperson Casey Norton said in an email.

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Exxon Mobil Investors to Prod Revamped Board on Net-zero Study

2021-06-24 16:35:00| OGI

Exxon Mobil has pledged to limit the pace of growth of carbon emissions that contribute to climate change, but unlike its rivals has not agreed to net-zero emissions by 2050.

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Engine No. 1 Launches $100 Million ETF after Exxon Mobil Board Victory

2021-06-23 11:10:00| OGI

Engine No. 1, which launched with $250 million in December, is now offering products available to Main Street and Wall Street investors, tapping into retail investors frustration that their main stock portfolios often don't address ESG concerns.

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Exxon Mobil to Cut US Workforce By Up to 10% Annually

2021-06-22 11:05:00| OGI

Exxon Mobil had around 72,000 regular employees as of end-2020. It last year disclosed plans to reduce its global workforce by 14,000 by the end of 2021.

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Final Exxon Mobil AGM Tally Seals Activist Investor Win

2021-06-21 19:05:00| OGI

The tally was released more than three weeks after a vote that gave tiny hedge fund Engine No. 1 a quarter of the seats on the Exxon Mobil board.

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