ExxonMobil is receiving criticism from its environment, sustainability and governance (“ESG”) activist investors despite delivering exceptional results over the last quarter. ESG has become a major trend in financial circles in recent years amid national and global efforts to transition from fossil fuels and protect communities as well as the environment.
Ecofriendly investors typically use ESG considerations to determine which companies to invest in to ensure sustainability-related sectors receive the funding they need to grow. Companies such as ExxonMobil with deep ties to the fossil-fuel industry are obligated to ensure their operations are as green and sustainable as possible while they work to eliminate…
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