Opinion
September 07, 2016
PREMIUM CONTENT FOR SUBSCRIBERS. SUBSCRIBE TODAY

Foundations Can Use Their Shareholder Muscle to Fight Climate Change

Patrick T. Fallon, Bloomberg, Getty Images

Flames shoot from a tower at an ExxonMobil refinery in Torrance, Calif. Climate activists are pushing shareholder proposals that could put global-warming experts on the boards of Exxon and other major oil companies.

For more than 20 years, ExxonMobil and other large oil companies have defeated shareholder proposals focusing on climate change. This spring, the trend continued. Not a single climate-focused proposal passed at a major American oil company.

So why...

This content is available exclusively to Chronicle subscribers