1. Shareholders Asked Oil and Gas Giant Chevron to Cut Emissions. Now Some Want The Chairman Ousted.

    Shareholders Asked Oil and Gas Giant Chevron to Cut Emissions. Now Some Want The Chairman Ousted.

    A shareholder advocacy group is renewing a bid to remove the chairman and another director at the nation’s second-largest oil company for not doing more to curb carbon emissions...

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    1. More and more shareholders have been calling for transformational change from companies.
    2. Chevron's board of directors reviews proposals from shareholders in detail and will make recommendations to stockholders about how to vote on each request in our proxy statement, which we plan to publish next month.
    3. Big investors are going to be increasingly voting against directors because of climate issues.
    4. BlackRock believes that climate change has become a defining factor in companies' long-term prospects.
    5. I think we needed to be very clear with Big Oil.
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