fossilfuelinvestments
March 16, 2022 (Washington) Protesters criticized the John F. Kennedy Center for the Performing Arts in Washington, D.C. yesterday at the COAL + ICE exhibit, demanding that it drop billionaire and fossil fuel investor David Rubenstein from its Board of Trustees. See https://www.coalandlies.com/ for more information. Carlyle Group’s Fossil Fuel InvestmentsDavid M. Rubenstein is a Wall Street billionaire who has raked in huge profits from dirty fossil fuel investments that drive our climate crisis and damage poor communities and communities of color. He is the Co-Founder and Co-Chairman of The C...
ValueWalk
This week’s nomination of new director candidates at oil supermajor Exxon Mobil shows just how far activist investing has evolved in the three years since its first steps towards embracing environmental and social impact. Q3 2020 hedge fund letters, conferences and more Engine No. 1's Activist CampaignEngine No. 1, a newly formed investment fund that includes activism and investments in private businesses among its strategies, argues that shareholders should get a vote on Exxon’s commitment to heavy investment in fossil fuel extraction. Describing the strategy as a "failure to be adequately di...
ValueWalk
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