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Rockefeller Fund Divests From Fossil Fuels, Slams Exxon
2016-03-24 14:23:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: The Rockefeller Family Fund will divest from fossil fuels and ditch its holdings of ExxonMobil, citing the oil giants morally reprehensible stance on climate change issues. John D. Rockefeller, the funds founding father, made his fortune on Exxons predecessor, Standard Oil, but spokespeople for Rockefeller stated, "There is no sane rationale for companies to continue to explore for new sources of hydrocarbons." Why a Rockefeller Donated $400,000 in Exxon Shares to Nonprofits Fighting Climate...
Tags: fund
fossil
fuels
rockefeller
Oil Baron's Descendants Shame Exxon Mobil 'Morally Reprehensible Conduct'
2016-03-24 13:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Huffington Post: The Rockefeller Family Fund is divesting from major segments of the fossil fuel industry, the fund said in an announcement that also singled out Exxon Mobil for blistering criticism. The nonprofit trust, which was started by the heirs of the industrial-era oil monopolist John D. Rockefeller, called Exxon Mobil's alleged efforts to cover up evidence of climate change "morally reprehensible conduct' in a Wednesday statement. The fund, which provides grants to further environmentalism, women's...
Exxon Mobil must give shareholders climate vote, regulator rules
2016-03-24 11:51:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: The US Securities and Exchange Commission has ordered Exxon Mobil to give shareholders a vote on how it discloses climate risk data. The oil major had sought to block a shareholder resolution that would make it reveal how climate action could hit its profits. Exxon argued it already gave enough information. That was overruled by the regulator, as explained in a letter dated Tuesday 22 March. It found Exxon was not doing as much as investors including New York State`s pension fund and the Church...
Exxon Mobil must allow climate change vote: U.S. SEC
2016-03-24 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The U.S. Securities and Exchange Commission has ruled Exxon Mobil Corp must include a climate change resolution in its annual shareholder proxy, a defeat for the world's largest oil producer, which had argued it already provides adequate carbon disclosures. In a Tuesday letter to Exxon seen by Reuters, the SEC said the oil producer cannot keep a proposal spearheaded by New York state's comptroller from a full shareholder vote at the company's annual meeting in May. If approved, the proposal...
Exxon Mobil Co. (XOM) Upgraded at Vetr Inc.
2016-03-24 08:47:31| Chemicals - Topix.net
The firm presently has a $81.98 target price on the stock. Vetr 's target price would indicate a potential downside of 2.11% from the stock's previous close.
Tags: inc
mobil
upgraded
exxon
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