As the international community and the U.S. government place a heightened emphasis on reducing carbon emissions as a way to combat global climate change, shareholders have convinced the oil-and gas giant ExxonMobil to publicly disclose the risk that strengthened regulation could pose to its profits.
Shareholders are calling on 15 U.S.-based multinational corporations to ensure that their global supply chains are not facilitating human rights abuses, particularly labour and sex trafficking.
At an annual shareholder meeting held Wednesday, upper-level management for the oil conglomerate Chevron faced renewed questioning over its record-setting political contributions during last year’s national election.
More than 100 people gathered Wednesday outside the gates of Chevron's sprawling headquarters in upscale San Ramon in the San Francisco Bay area of California, where police and security barred those without passes to the shareholder meeting from entering.