Exxon is suing its own shareholders for proposing reduced carbon emissions. Activist investment firms Arjuna Capital and Follow This are minority stakeholders of Exxon, and want to submit a proposal at the next Exxon meeting to reduce greenhouse gas emissions. This proposal has already been submitted previously and vastly outvoted. Exxon states that such a proposal would be akin to business suicide, even though the other major oil corporations have all already accepted such proposals. Is Exxon within its rights to sue?

In this Hunter & Al (HA!) special, your two dapper hosts discuss the facts at hand and muse about the implications.

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Keywords: Entitled Opinion, Entitled Opinion Podcast, HA, Exxon, activist, ESG, sue, lawsuit, litigation, activism, oil, ExxonMobil, petroleum, corporate law, carbon emissions

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