Exxon's Climate Fight With Investors Won't Be the Last
Briefly

ExxonMobil faces investor backlash over climate change stance, with CalPERS planning to vote against entire board at annual meeting.
Investors challenging Exxon aim for more proactive climate change approach after 2021 board nominee rejection, highlighting the shift in shareholder demands for energy transition.
Discrepancy in Exxon's management-investor perspectives on finance related to differing strategies and risks posed by climate change, reshaping fiduciary duties and shareholder activism dynamics.
Read at time.com
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