CalSTRS CIO: I Don't Want Exxon to Become the Next Kodak

The video discusses the influence of Engine No. 1 on Exxon Mobil's board, emphasizing the need for the company to adapt to a lower carbon future. It highlights the role of ESG investing in driving decarbonization and the importance of active management in sustainable investments. The discussion also touches on the impact of meme stocks on index investing, illustrating the challenges and opportunities in the current market landscape.

What actions have been taken by Engine Number One regarding Exxon Mobil's board?

Why do the speakers believe Exxon Mobil needs to change its approach to carbon emissions?

What is the significance of the three board members elected to the Exxon Mobil board?

How do the speakers view the relationship between ESG investing and the future of energy companies?

What are the potential consequences of Exxon Mobil not adapting to lower carbon emissions?

What is the difference between ESG 1.0 and ESG 2.0 as discussed in the text?

What role do the speakers believe institutional investors should play in advocating for policy change?