Paxton Targets Proxy Giant Over ESG Activism, Exxon Texas Redomicile Fight

Paxton Targets Proxy Giant Over ESG Activism, Exxon Texas Redomicile Fight

Attorney General Ken Paxton alleges ISS misled investors by promoting climate and diversity policies while presenting its recommendations as objective financial guidance. The post Paxton Targets Proxy Giant Over ESG Activism, Exxon Texas Redomicile Fight appeared first on Texas Scorecard.

Proxy Advisers Disgrace Themselves by Opposing Exxon’s Move To Texas

We thought these guys had learned their lesson on ESG, but apparently not. Our friends at the WSJ editorial board explain the latest development in the NYC Comptroller’s absurd lawsuit attempting to block Exxon from moving its legal domicile from New Jersey to Texas: Activists with little stake in companies have abused the shareholder proxy process to drive their environmental, social and governance (ESG) political agenda. This includes resoluti…