LOSING STRATEGY
Once the most innovative leader in the industry and a pillar of the Dow Jones, Exxon today finds itself lagging behind other oil majors. The industry's new leaders have adapted their strategies to lead the global energy transition. We believe Exxon's failure to do the same puts at risk shareholders' dividend, as well as the Company and the planet’s survival.
Exxon’s poorly composed Board and insular management have overseen a decade of shareholder value destruction, underperforming direct competitors in a sector that is underperforming the entire market.
FAILING LEADERSHIP
CALL FOR CHANGE
With over 145 members who collectively represent approximately $2.4 trillion in assets, the Coalition United for a Responsible Exxon (CURE) is calling for urgent change at Exxon, beginning with the Board, and for a new commitment to a financially, strategically, and environmentally sustainable future for the Company.
ACT NOW
For too long Exxon has ignored both the desires of its key stakeholders and the financial risks and opportunities of the transition happening in energy markets toward cleaner, more sustainable forms of energy. Now is the time for us all to take action.