Can investors change an oil company from within?
Episode description
Some oil and gas giants are being pushed by shareholders to adopt more climate friendly strategies.
An environmental law charity is suing the directors of a global oil company, arguing their climate strategy is not adequate to meet current targets, supported by other shareholders. Elsewhere, a group of investors in another fossil fuel giant, recently unseated multiple board members in an effort to force a change of direction.
How effective is this form of activism? Presenter Paul Connolly is joined by: Chris James, Founder and Chief Investment Officer at Engine No.1, US Camila Domonoske, NPR journalist, US Tariq Fancy, former Global Chief Investment officer for Sustainable Investing at BlackRock, Canada Email us: theclimatequestion@bbc.com Producers: Ben Cooper and Mora Morrison Researcher: Matt Toulson Production Coordinator: Siobhan Reed and Sophie Hill Series Producer: Alex Lewis Editor: China Collins Sound Engineer: James Beard and Rod Farquhar