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They're finally not going to take it: @exxonmobil vows to sue climate activists posing as shareholders. I first told Exxon to fight the poseur shareholders 16 years ago at its 2008 shareholders meeting to thunderous applause. https://t.co/YVJQZTQo9d https://t.co/ZJ4yXS6fv2 https://t.co/E9vKZXb9ym
Swedish activist investor investor Cevian will scrutinize Swiss insurer Baloise's upcoming strategy overhaul to decide on whether to ramp up pressure by increasing its stake https://t.co/NivoDwxGPn
🔵 EXXON CEO WOODS' MESSAGE TO FUTURE SHAREHOLDER ACTIVISTS: FOLLOW THE RULES Exxon CEO Darren Woods on Tuesday had warning words for activist shareholders thinking to emulate those who filed a climate-related shareholder proposal at the largest U.S. oil company. Exxon sued… https://t.co/fT0EdJwe2h
Exxon Mobil's CEO, Darren Woods, has issued a stern warning to activist investors, stating that the company will pursue legal action against those who 'abuse' the proxy voting process. This announcement, made on Tuesday, follows the dismissal of a lawsuit filed by Arjuna earlier this year. Woods emphasized the importance of adhering to established rules, particularly in light of recent climate-related shareholder proposals.
