The Importance of a Strong Board in an Energy Transition

ExxonMobil has a target of spending $17 billion between 2022 and 2027 on decarbonizing their operations. The big reason is because they have managed to pay down the debt load that they had. If you look at the changes that have taken place inside of ExxonMobil, I would say that management has been incredibly responsive to not our demands, but what shareholders said they wanted.