Technology is one of the key levers used by companies to manage their operations more sustainably. With the biggest global corporations leading the charge, Indian IT companies have been announcing a slew of deal in this area. However, they are facing questions about their own operations.
In May, Engine No. 1, a six-month-old hedge fund with a miniscule stake in ExxonMobil, managed to get two of its nominees elected to the oil-and-gas giants board. The funds ultimate goal was to try and steer Exxon away from fossil fuels and to get it to invest in clean energy.Exxons defeat in the months-long proxy battle with the activist hedge fund came as a wake-up call for the corporate world. Following the development, several companies
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