ExxonMobil and Royal Dutch Shell face significant change after victories for climate activists this week.

Shareholder voting rights could be under threat in the US as oil company ExxonMobil filed to sue investors over an ESG vote at its AGM.

ExxonMobil's shareholders have released plans to vote against the company’s board of directors in response to its lawsuit against climate activist investors.

A federal judge has tossed ExxonMobil’s lawsuit against activist ESG shareholder Arjuna Capital.

On 27 May, ExxonMobil shareholders will vote on a ballot that includes a proposal to redomicile the company from New Jersey to Texas.

A proposal from ExxonMobil to shift its legal domicile from New Jersey to Texas lands at a moment when shareholder proposals have all but disappeared from its annual meetings and the company has introduced new structures that reshape how shareholder votes are cast and counted.

A clash over a BP shareholder resolution, the US Securities and Exchange Commission’s (SEC) retreat from traditional proposal review and ExxonMobil’s planned move to Texas all point to the same trend: management and regulators are testing the boundaries of shareholder scrutiny.