Balance of Pleasing Shareholders & Climate Activists
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Balance of Pleasing Shareholders & Climate Activists

ExxonMobil Board member Jeff Ubben and ExxonMobil CEO Darren Woods discuss the balance of pleasing shareholders while transitioning the company towards a carbon free future. Given that ExxonMobil's business is booming ($23 billion in profits in 2021), Ubben says some shareholders favor business as usual over aggressive spending on the energy transition.
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Wed, Jun 22 20224:23 PM EDT

ExxonMobil Board member Jeff Ubben and ExxonMobil CEO Darren Woods discuss the balance of pleasing shareholders while transitioning the company towards a carbon free future. Given that ExxonMobil's business is booming ($23 billion in profits in 2021), Ubben says some shareholders favor business as usual over aggressive spending on the energy transition.