Editorial

When stars aligned for climate rage the sky got dark for big oil

Last week was a reality check for big oil and a triumph for ESG. The message seems to be loud and clear: Inactivity will be punished.

On Thursday investors woke up to a new reality where shareholder rebellions and a landmark court decision had redefined the battle against climate change, with activist shareholders leading the way. A calculated move, led by an activist hedge fund Engine No. 1
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