ESG Investor Group Slams Exxon Despite Efforts To Meet 2025 Emissions Goals

ESG Investor Group Slams Exxon Despite Efforts To Meet 2025 Emissions Goals

Exxon Mobil chairman and CEO Darren Woods listens during a meeting with Chinese Premier Li Keqiang ... [+] (not pictured) at the Zhongnanhai Leadership Compound in Beijing on September 7, 2018. (Photo by Mark Schiefelbein / POOL / AFP) (Photo credit should read MARK SCHIEFELBEIN/AFP via Getty Images) Providing further proof - as if any were needed - that ESG investor groups can never be satisfied, ExxonMobil finds itself under renewed attack from activists for not doing enough even though it is on target to meet the 2025 goals it was previously pressured by the same activists to adopt. A group calling itself the Coalition for a Responsible Exxon, or "CURE" (no idea where the "U" is derived) is angry that Exxon, while doing what it needs to do to meet its overall goals, including $15 billion in planned investments in green energy initiatives, failed this year to to set "segment-specific reduction targets for Exxon's midstream and downstream businesses." For that ostensible "failure," CURE awards the company's new board of directors - which includes activist members sponsored by fellow ESG activist group Engine No. 1 - a grade of D-minus for the year, and calls for the firing of CEO