Shifting Strategies: Oil Majors and Climate Accountability

This chapter explores the evolving dynamics within major oil companies as they confront climate change pressures from shareholders and legal rulings. Highlighting a shareholder revolt at ExxonMobil and a pivotal court ruling in the Netherlands against Shell, it illustrates the increasing demand for actionable sustainability strategies. The narrative underscores a significant shift in investor attitudes towards climate responsibility, signaling a new era for the oil industry.