A vote during the ExxonMobil 2024 shareholder meeting Wednesday will pit those who think an oil company should act according to the concerns of climate activists against those who think companies should act to produce the best investment returns for their shareholders.
It is the latest front in the growing fight between proponents and opponents of environmental, social and governance (ESG), as the movement struggles to maintain the clout to effect social change through investments.
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Environmental, social and governance (ESG) investment standards are a hot topic among Republican lawmakers across the U.S. who see it as a political move to force a progressive agenda.
Democrats, on the other hand, see it as a smart investing strategy.
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The world’s largest asset manager, BlackRock, responded to more than a dozen Republican attorneys general explaining its approach to environmental, social and corporate governance (ESG) investing after the attorneys general alleged that the company is violating its fiduciary duties, according to a company letter.
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Apple chief executive Tim Cook made nearly $100 million in compensation in the company’s fiscal year, according to SEC filings published Thursday.
SEC filings show that Cook took home $98.73 million in the 2021 fiscal year, more than 500% more than the previous year’s $14.8 million, The Wall Street Journal reported.
Cook’s $3 million base salary remained stable in 2021, but he received a $12 million bonus for hitting Apple’s financial and environmental sustainability goals, $1.39 million in other compensation and $82.35 million in stock awards.
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Twenty-one Michigan residents have been selected to join the state’s first Michigan Advisory Council for Environmental Justice, the Michigan Department of Environment, Great Lake and Energy (EGLE) announced on Thursday.
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Fully cleaning up the source of the toxic green ooze found on Interstate-696 last month could cost taxpayers millions, according to officials. Although the U.S. Environmental Protection Agency emergency response team has been vacuuming contaminated groundwater for more than three weeks, fully cleaning up the site includes removing contaminated…
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