Speaking with a forked tongue

clock

Tom Burke explores how ExxonMobil's web of carefully worded caveats reveals how the oil major is still refusing to take climate risks seriously

Last month, under pressure from activist investors, ExxonMobil issued a report to their shareholders on climate change. To no one's surprise they found that "none of our hydrocarbon assets are now or will...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

'Lessons in chemistry': Chemicals industry accused of 'significantly underestimating' climate related risks

'Lessons in chemistry': Chemicals industry accused of 'significantly underestimating' climate related risks

New Planet Tracker study warns chemical companies are under-pricing carbon costs and undermining decarbonisation efforts

clock 08 May 2025 • 4 min read
Reports: Watchdog urges banks and insurers to plug 'gaps' in tackling climate risks

Reports: Watchdog urges banks and insurers to plug 'gaps' in tackling climate risks

Bank of England to instruct banks and insurers to carry out internal reviews on climate-related risks

Stuart Stone
clock 01 May 2025 • 3 min read
CCC's Climate Adaptation Progress Report: Five key takeaways

CCC's Climate Adaptation Progress Report: Five key takeaways

The CCC has revealed the litany of government and corporate failures that are leaving the UK badly exposed to worsening climate impacts - but will anyone respond to the wake-up call?

Michael Holder
clock 01 May 2025 • 13 min read