Church of England Dumps Exxon Mobil Shares

The video discusses the growing concern among investors, including the Church of England, about the impact of climate change on their assets. It highlights ExxonMobil's refusal to disclose scope three emissions, which are emissions generated by customers, setting it apart from other major oil companies. The lack of disclosure is becoming problematic as climate change effects, such as fires, hurricanes, and floods, are increasingly impacting assets and markets. As renewable energy companies rise, shareholders demand transparency to make informed investment decisions.

What is the main issue with ExxonMobil's approach to scope three emissions?

• They do not disclose or set targets for them.

• They have the highest emissions in the industry.

• They have already met their emissions targets.

• They focus only on European markets.

Why are investors increasingly concerned about climate change impacts?

• Because they want to invest in new technologies.

• Because they are required by law to do so.

• Because it is a trend in the industry.

• Because climate change is causing significant damage to assets and markets.

What recent events highlight the urgency of addressing climate change?

• Rising stock prices.

• Increased oil production.

• Natural disasters like fires, hurricanes, and floods.

• New technological advancements.

What is causing traditional energy companies to lose their dominance?

• The rise of renewable energy companies.

• A decrease in oil prices.

• Lack of skilled workforce.

• Government regulations.

Why is transparency in emissions reporting becoming crucial for companies?

• To comply with international laws.

• To help shareholders make informed investment decisions.

• To increase their market share.

• To reduce operational costs.