Why is Exxon suing to stop two yogis from pushing their climate proposals?
ExxonMobil(XOM) Market Watch·2024-01-22 18:02
These yogis are stretching the patience of America’s biggest oil company.Natasha Lamb and Farnum Brown founded and run Arjuna Capital. The decade-old sustainable-investment firm, whose mission is to push major corporations into adopting more socially conscious policies, has found itself at the center of a lawsuit by Exxon Mobil Corp. XOM, +0.02% that seeks to block a shareholder proposal on climate change.With a mantra of “divest from old problems; invest in new solutions,” Arjuna says its goal for clients ...