Clergy vs. ExxonMobil

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


Naturally, this month’s annual meeting of ExxonMobil shareholders in Dallas was picketed by the requisite environmental activists, giant inflatable-earth-smashed-by-oil-tanker in tow. But this time, protestors were working from the inside, too. According to the DALLAS OBSERVER, the socially responsible Catholic, Protestant, and Jewish clergy members behind the Interfaith Center on Corporate Responsibility control $81 million of ExxonMobil stock. That may be less than .1 percent of the company’s shares, but it’s enough to demand shareholder votes on Center-sponsored resolutions.

At the Dallas meeting, Center activists petitioned the company to increase its investment in renewable energies, such as solar, wind, and biomass power sources. Over six percent of their fellow shareholders agreed, and even more agreed that executive pay should be tied to environmental performance (a slap in the face of chairman Lee Raymond, who still speaks of “so-called global warming”). That’s more than enough to ensure another vote next year, says the coalition, whose more pie-in-the-sky goals include a ban on drilling in the Arctic National Wildlife Refuge and re-evaluating the controversial Chad-Cameroon pipeline project.

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate