A few years ago, it would have been hard to imagine an activist hedge fund gaining three board seats at America’s largest oil and gas company. A fledgling fund called Engine No. 1 with just 0.02 percent ownership in ExxonMobil, voted out three board members at the oil giant in 2021, scoring a victory for…
Startup Backed By Billionaire Investors Crusades Against Climate Investing, ‘Stakeholder Capitalism’
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