Activist hedge fund Engine No. 1, pushing for a change in Exxon Mobil’s climate strategy, got enough support from other shareholders to win at least two seats on the oil and gas company’s board. These ...
ExxonMobil has moved to strengthen its hand against climate-focused investor campaigns by introducing an auto-voting system for its massive retail shareholder base, Reuters reported on Monday. The ...
Engine No. 1, the firm that rose to prominence after waging a successful campaign against Exxon, announced Monday an investment in General Motors. This time, the upstart activist's stake signals ...