Clergy vs. ExxonMobil

For indispensable reporting on the coronavirus crisis, the election, and more, subscribe to the Mother Jones Daily newsletter.


Naturally, this month’s annual meeting of ExxonMobil shareholders in Dallas was picketed by the requisite environmental activists, giant inflatable-earth-smashed-by-oil-tanker in tow. But this time, protestors were working from the inside, too. According to the DALLAS OBSERVER, the socially responsible Catholic, Protestant, and Jewish clergy members behind the Interfaith Center on Corporate Responsibility control $81 million of ExxonMobil stock. That may be less than .1 percent of the company’s shares, but it’s enough to demand shareholder votes on Center-sponsored resolutions.

At the Dallas meeting, Center activists petitioned the company to increase its investment in renewable energies, such as solar, wind, and biomass power sources. Over six percent of their fellow shareholders agreed, and even more agreed that executive pay should be tied to environmental performance (a slap in the face of chairman Lee Raymond, who still speaks of “so-called global warming”). That’s more than enough to ensure another vote next year, says the coalition, whose more pie-in-the-sky goals include a ban on drilling in the Arctic National Wildlife Refuge and re-evaluating the controversial Chad-Cameroon pipeline project.

DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily bluster—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily bluster—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate