So Much for Engine No 1’s Climate Activism at Exxon Mobil

Опубликовано: 04 Октябрь 2024
на канале: Stock market news official
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Many readers may have been surprised to see Christopher James, the founder of Engine No. 1 and guiding force behind its successful proxy contest at Exxon Mobil, calling for increased production of U.S. shale oil (“U.S. Shale Is the Key to a Renewable Future,” op-ed, March 18). However, I am not one of them. As I’ve argued in the Harvard Business Law Review, Engine No. 1’s activism at Exxon wasn’t really about mitigating climate change. It was a clever way to generate investor interest in the launch of two Engine No. 1-sponsored ETFs.


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