Council of Institutional Investors

Section: February 8, 2024 | Vol. 29, Issue 6
ExxonMobil Commits to Pursuing Lawsuit Despite Withdrawal of Proposal, CII, ICCR Urge Company to Reconsider
ExxonMobil’s stated intention to pursue legal action against Follow This and Arjuna Capital even after the two proponents withdrew their greenhouse gas proposal prompted CII to issue a statement and the Interfaith Center on Corporate Responsibility (ICCR) to send a letter to the energy company’s board urging it to prevail upon management to abandon the lawsuit.
CII Members Named to PCAOB Advisory Groups
Congratulations to CII members who were named to two of the PCAOB's advisory groups!
NYC Pension Funds Ask Big Banks to Report on Clean Energy-to-Fossil Fuel Ratios
?Three of New York City’s pension funds filed shareholder proposals asking some of the largest banks to report their ratios of clean energy to fossil fuel finance.
Observers Speculate on Implications of Court Ruling that Voids Musk’s Huge Pay Package
?The fallout continues from the Delaware Chancellor’s decision last week striking down Elon Musk’s $55.8 billion pay package and ordering Tesla’s board to go back to the drawing board to come up with a fairer plan.
Bills Seek to Give Congress More Control Over SEC
Republican lawmakers on Capitol Hill are introducing legislation aimed at giving Congress more oversight over the SEC.