ESG and sustainability remain hot topics in the world of investing, and activists are taking up positions in behemoths like Exxon Mobil. Engine No. 1, a sustainability-focused fund, ran a successful proxy campaign against the oil giant and won three board seats.
At MarketWatch's Best New Ideas Money Festival last week, Jennifer Grancio of Engine No. 1 updated their campaign with Exxon and shared the areas she sees as investable from a sustainable standpoint.
Q2 2022 hedge fund letters, conferences and more
Update On Exxon Campaign
Grancio explained that they looked outside Big Tech and saw opportunities in areas involving complicated systems going through a transition. She added that energy is one...
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