Chevron Investors denies shareholders’ offers, Exxon does not face any

By Sheila Dang

Houston (Reuters) -HeVron shareholders did not meet the proposal of three joint-stock participants during the annual meeting of the United States on Wednesday, including the company’s human rights experience, the greater opponent in Exxon Mobile and decades for the first time in investor resolutions.

Ecological, social and management (ESG), due to the lack of an investor appetite for such proposals, there are fewer resolutions than they do in 2024 and 2023 this year. Revenue is lower than expected in renewable energy projects, the center of shareholders and focused on gas.

Chevron Investors rejected a resolution that allows at least 10% of the company’s joint shares to call on special meetings. In addition, according to new investments in the renewable energy company, on Wednesday, they promised to provide a proposal to prepare a proposal that he could result in projects prior to the pre-time value.

In addition, the annual meeting of Exxon’s annual session has no selective stock resolutions since 1958.

Exxon CEO Darren Woods said that they belonged to the company’s performance, which the company’s opponents belonged to the company and said that Exxon is ready to fight against offers.

Investors have confirmed the entire director candidate and executive compensation plans for both companies.

(Report by Sheila Dang in Bengaluruda Houston and Tanay Dang; David Gregorio Adjustment)