Exxon Investors Float Climate Measures To Shrink Company From Within05:29
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A petrol tanker leaves the ExxonMobil oil refinery in Notre-Dame-de-Gravenchon, northwestern France, on May 24, 2016, unionists had called for a strike following blockades of several oil refineries and fuel depots in France by protesters opposed to government labour reforms.
The morning teams of the ExxonMobil oil refinery in Notre-Dame-de-Gravenchon, France's second largest refinery, seemed to ignore a strike called by the Force Ouvriere (FO) and General Confederation of Labour (CGT) French workers' unions on May 24. (CHARLY TRIBALLEAU/AFP/Getty Images)
A petrol tanker leaves the ExxonMobil oil refinery in Notre-Dame-de-Gravenchon, northwestern France, on May 24, 2016, unionists had called for a strike following blockades of several oil refineries and fuel depots in France by protesters opposed to government labour reforms. The morning teams of the ExxonMobil oil refinery in Notre-Dame-de-Gravenchon, France's second largest refinery, seemed to ignore a strike called by the Force Ouvriere (FO) and General Confederation of Labour (CGT) French workers' unions on May 24. (CHARLY TRIBALLEAU/AFP/Getty Images)
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In addition to protests on the street, big oil companies are facing a growing push from their own investors to overhaul their business model in light of climate change.

At a shareholders meeting today in Dallas, ExxonMobil investors will vote on several advisory measures, including calls to cut spending on new oil exploration in the Arctic. The activist investors behind the measures, which are nonbinding, say flagging fossil fuel profits are evidence that the world's biggest oil company needs to adapt its business model.

Other Exxon investors say the proposals amount to the company planning its own demise.

Here & Now's Robin Young speaks with Natasha Lamb, a portfolio manager for Arjuna Capital, the investment company proposing the shareholder measures.

Guest

  • Natasha Lamb, director of equity research and shareholder engagement for Arjuna Capital. She tweets at @nllamb.

This segment aired on May 25, 2016.

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