Can investors change an oil company from within?
We explore how some oil and gas giants are being turned on by shareholders - pushing for more climate friendly strategies through a seat on the board.
Some oil and gas giants are being pushed by shareholders to adopt more climate friendly strategies.
An environmental law charity is suing the directors of a global oil company, arguing their climate strategy is not adequate to meet current targets, supported by other shareholders. Elsewhere, a group of investors in another fossil fuel giant, recently unseated multiple board members in an effort to force a change of direction.
How effective is this form of activism?
Presenter Paul Connolly is joined by:
Chris James, Founder and Chief Investment Officer at Engine No.1, US
Camila Domonoske, NPR journalist, US
Tariq Fancy, former Global Chief Investment officer for Sustainable Investing at BlackRock, Canada
Email us: theclimatequestion@bbc.com
Producers: Ben Cooper and Mora Morrison
Researcher: Matt Toulson
Production Coordinator: Siobhan Reed and Sophie Hill
Series Producer: Alex Lewis
Editor: China Collins
Sound Engineer: James Beard and Rod Farquhar
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- Mon 13 Mar 2023 02:32GMTΒι¶ΉΤΌΕΔ World Service
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The Climate Question
Why we find it so hard to save our own planet, and how we might change that.