Just 100 companies have extracted the oil, gas and coal responsible for more than 70% of the world’s greenhouse gas pollution. We are galvanizing investor pressure to compel some of the worst polluters to slash emissions from their operations and business models. And it’s working.
Last spring, a small, activist hedge fund named Engine No. 1 stunned the corporate world by winning three seats on Exxon Mobil Corporation’s board of directors. The vote was a clear signal to the oil and gas sector that investors want meaningful climate action. We supported Engine No. 1’s effort, emphasizing to major shareholders that for Exxon — and all the world’s biggest emitters — the global climate crisis is a business risk.