ExxonMobil's ongoing litigation against two investors over a shareholder proposal is the latest attempt to politicize climate change's risk to businesses.
Why it matters: With culture wars burning hot, successfully leveraging the "E" and the "S" of environmental and social governance enables opponents of the investing philosophy to get that much closer to doing the same with the "G".
Wind, rainfall and ocean temperatures all influence the synchronized spawning of some coral in an elusive but critical process scientists are beginning to unravel.
Why it matters:Coral reefs are keystone species supporting ecosystems that underpin coastal economies around the world. But they are under pressure from warming oceans, marinepollution and other threats.
Saudi Aramco's plan to sell more shares in the state oil giant is a window into the kingdom's wider economic plans — and struggles.
The big picture: Aramco — which sort of went public in 2019 but remains state-controlled — on Thursday announced what could be a $12 billion offering on Sunday.
"Any mention of emissions reduction or low carbon investments as part of this deal was noticeably absent ... will the company come under greater scrutiny to address energy transition risks?"
— Wood Mackenzie's Alex Beeker, in the firm's wider note on COP's $22.5B deal for Marathon Oil that would make it the third-largest Lower 48 producer
