Texas court dismisses Exxon’s lawsuit against climate activist shareholders

Arjuna Capital agreed not to pursue effort to put climate science on agenda at company’s annual meetingsA federal court in Texas has dismissed a lawsuit brought by ExxonMobil against activist shareholders pushing for the oil giant to reduce greenhouse gas emissions as well as contributions to anthropogenic climate change.The lawsuit aimed at Arjuna Capital was dismissed after a lawyer for the activist investor group agreed not to pursue its effort to put climate science on the agenda at the company’s annual meetings.Reuters contributed reporting Continue reading...

Jun 18, 2024 - 22:30
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Texas court dismisses Exxon’s lawsuit against climate activist shareholders

Arjuna Capital agreed not to pursue effort to put climate science on agenda at company’s annual meetings

A federal court in Texas has dismissed a lawsuit brought by ExxonMobil against activist shareholders pushing for the oil giant to reduce greenhouse gas emissions as well as contributions to anthropogenic climate change.

The lawsuit aimed at Arjuna Capital was dismissed after a lawyer for the activist investor group agreed not to pursue its effort to put climate science on the agenda at the company’s annual meetings.

Reuters contributed reporting Continue reading...

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