An Exxon Mobil refinery in Baton Rouge, Louisiana Last week’s shakeup of Exxon Mobil Corp.’s board of directors is by most accounts a clear signal to corporate America that ambivalence and greenwashing will no longer be enough when it comes to addressing the climate crisis. The California State Teachers’ Retirement System (CalSTRS) called the election of at least two new members to Exxon’s board against the wishes of management “historic.” Moody’s Investors Service said the shareholder vote, which cannot be appealed, likely presages similar results in future board elections at other U.S. oil companies. And Andrew Behar, chief executive officer of As You Sow—a corporate accountability nonprofit that’s acted on the behalf of shareholders since 1992 and filed 21 climate-related resolutions with Exxon over the past decade—called the vote a turning point . “When companies don’t listen, shareholders will take action,” Behar said. “For over a decade, Exxon has […]