A Wake-Up Call Not Only for Big Oil: The Intersection of Economic Activism and ESG

In the latest Ethical Boardroom magazine, Kai Liekefett and Derek Zaba published an article titled, “A wake-up call not only for Big Oil: the Intersection of Economic Activism and ESG.” Their article discusses recent success by shareholder activists against Big Oil in the U.S. 2021 proxy season and how these dynamics extend to all public companies regardless of sector. These triumphs reflect the growing and effective pressure that investors are exerting on public companies to improve their environmental, social, and governance (ESG) practices.