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The Fight for the Future of ExxonMobil

A tiny activist hedge fund created to challenge ExxonMobil's climate change strategy just landed a major victory. The firm, Engine No. 1, won at least two Exxon board seats after a months-long effort to secure support from larger shareholders. Read about the historic shakeup and what it might mean for the fate of the oil conglomerate.

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The Fight for the Future of ExxonMobil
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    A Tiny Fund Has Scored A Historic Win Against ExxonMobil Over The Future Of Oil

    A Tiny Fund Has Scored A Historic Win Against ExxonMobil Over The Future Of Oil

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    NPR - Camila Domonoske

    Updated at 7:15 p.m. ET In a dramatic boardroom battle on Wednesday, a tiny hedge fund fought with the energy giant ExxonMobil over the future of the oil and gas industry — and won. The brand-new activist hedge fund, Engine No. 1, successfully placed at least two new candidates on the company's board …

    How We Got Here

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    Dutch court rules oil giant Shell must cut carbon emissions by 45% by 2030 in landmark case

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    CNBC - Chloe Taylor

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