Activism and Accountability at ExxonMobil

This chapter examines a strategic investor approach towards ExxonMobil, focusing on capital discipline amidst environmental pressures and the need for corporate accountability. It discusses the challenges the company faces, including asset overvaluation, debt, and emissions reduction commitments, while highlighting a rise in activist movements aimed at promoting sustainability. The narrative culminates in a proxy battle, revealing tensions between shareholder demands for transparency and the company's management responses to these pressures.