A tiny, climate-conscious player is creating a giant headache for ExxonMobil
Lorraine Woellert, Politico, 25 May 2021ExxonMobil is being challenged on climate by an upstart investment group. The investor, Engine No. 1, has a US$50 million stake in Exxon Mobil, making it a niche player in the US$253 billion company. Yet, it has rallied enough institutional support to do what decades of environmental and shareholder activism never could: put ExxonMobil on the defence. The investor's push has been driven by…
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