CCRcorp Sites  

The CCRcorp Network unlocks access to a world of insights, research, guides and information in a range of specialty areas.

Our Sites


A basis for research and practical guidance focusing on federal securities laws, compliance & corporate governance.


An educational service that provides practical guidance on legal issues involving public and private mergers & acquisitions, joint ventures, private equity – and much more.


The “one stop” resource for information about responsible executive compensation practices & disclosure.

Widely recognized as the premier online research platform providing practical guidance on issues involving Section 16 of the Securities Exchange Act of 1934 and all of its related rules.


Keeping you in-the-know on environmental, social and governance developments

I’ve written before that as an investment portfolio decarbonization strategy, divestment doesn’t make much sense in the big picture. Instead, engaging with portfolio companies about their carbon management and transition economy plans has a better chance of success. But how investors engage with companies – and how companies respond – is changing. Net Zero Investor reports that

“… oil giant Exxon Mobil has filed a case in a Texas district court in a bid to prevent an activist resolution at this year’s AGM due to take place on 23 May. It is the first time that Exxon Mobil is taking an activist shareholder to court. Exxon claims that the Follow This resolution is repetitive and overly prescriptive – under SEC rules, shareholders are not allowed to resubmit a proposal if they fail to gather increased investor support. Last year, Follow This filed a resolution requesting that Exxon Mobil establish Scope 3 targets in line with the Paris Agreement. However, the proposal received the backing of only 10.5% of investors…

Follow This founder Mark van Baal confirms that the group had indeed put forward another proposal for this year’s AGM. The exact demands of the 2024 resolution have not yet been disclosed but last year’s Exxon resolution did not specify how Exxon Mobil was to achieve Paris alignment for its Scope 3 emissions. ‘The strategy for how to achieve this target is entirely up to the board’, the 2023 resolution states.

Tumelo’s Georgia Stewart … predicts that institutional investors might hold back in putting forward their own resolutions out of fear of being taken to court… [A] side-effect of this is that the debate instantly becomes personal, rather than being centred on climate change. ‘That could be completely counterproductive to the things we are trying to achieve.'”

I guess with everything else around climate, decarbonization and ESG changing, it was reasonable to expect that investor engagement tactics – and how companies react to those – would change as well.

If you aren’t already subscribed to our complimentary ESG blog, sign up here: for daily updates delivered right to you.

Photo credit: Robert –

Back to all blogs

The Editor

Lawrence Heim has been practicing in the field of ESG management for almost 40 years. He began his career as a legal assistant in the Environmental Practice of Vinson & Elkins working for a partner who is nationally recognized and an adjunct professor of environmental law at the University of Texas Law School. He moved into technical environmental consulting with ENSR Consulting & Engineering at the height of environmental regulatory development, working across a range of disciplines. He was one… View Profile