Skip to main content
Default Image

Stewardship challenge: How to press fundamental change at ExxonMobil?

Transitioning to ecological sustainability

Some climate-focused investors say they have dumped shares of ExxonMobil as they purge fossil fuel companies from their portfolios. Others are staying with Exxon, hoping to reverse the course of the U.S. oil giant. 

A few years ago, The Democracy Collaborative’s Carla Skandier suggested a “51 Percent Solution for the Climate Crisis.” With the government taking a majority stake in fossil fuel firms, she said, the public could vote in boards that oversee the winding down of production while giving 1.6 million oil and gas workers a path to new opportunities, rather than mass unemployment in a crashed economy.

Publication date: 2021-04-01
Parent publication: Impact Alpha
Publication URL:

More related work

Default Image

HAN Anchoring Resilience: Aligning supply chains and impact purchasing for community health summit

The Healthcare Anchor Network (HAN) convened the “Anchoring Resilience: Aligning Supply Chains and Impact Purchasing for Community Health” summit to spark collaboration in the healthcare sector around onshoring and localizing production of PPE and other supplies, with an emphasis on equity, sustainability, and supply chain resilience.

read more
June 3, 2021
A federal resolution calls for a shift to public power. Image by andreas160578 from Pixabay

Bush-Bowman congressional resolution calls for a shift to public power

The resolution by Reps. Cori Bush and Jamaal Bowman shows how we can replace the privatized, fossil-fueled, and racist energy system that we live with today with a public and community-controlled energy system that is rooted in justice.

read more
May 12, 2021
Default Image

New York needs “a public option” in electricity to meet climate and equity goals, report says

NEWS RELEASE: The New York State Build Public Renewables Act would make the New York Power Authority a major developer of renewable energy in the state and a key consumer energy provider.

read more