Exxon faces opposition from CalPERS after ‘devastating’ anti-ESG activist suit
ExxonMobil CEO Darren Woods speaks during the APEC CEO Summit at Moscone West on November 15, 2023 in San Francisco, California. Justin Sullivan | Getty Images Exxon Mobil‘s monthslong battle with two environmentally focused activist investors has cost the company the support of the California Public Employees’ Retirement System. CalPERS, a $484 billion pension fund […]