US oil and gas company Exxon Mobil on Monday (31, March) released a twofold report assessing potential impacts of climate change mitigation on its future business prospects. The first of its kind report was announced earlier in March in exchange for withdrawal of a shareholder resolution. The company excluded its assets are or will be read more…
Category: Climate finance
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ExxonMobil agrees to report on stranded assets risk
ExxonMobil on Thursday (March, 20) agreed to publish a “Carbon Asset Risk” report describing how it assesses the risk of stranded assets from climate change, according to the press release issued by the shareholder advocacy groups that negotiated the agreement. Arjuna Capital, the sustainable wealth management platform of Baldwin Brothers Inc., and As You Sow, read more…
