{"id":16557,"date":"2022-05-05T14:33:55","date_gmt":"2022-05-05T14:33:55","guid":{"rendered":"https:\/\/www.aequo.ca\/?p=16557\/"},"modified":"2025-01-20T15:20:24","modified_gmt":"2025-01-20T20:20:24","slug":"shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields","status":"publish","type":"post","link":"https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/","title":{"rendered":"Shareholders Ask Imperial Oil to Cease Exploration and Development of New Oil and Gas Fields\ufffc"},"content":{"rendered":"\n

A shareholder proposal was submitted by B\u00e2tirente<\/a>, with the support of \u00c6quo, asking for Imperial Oil to adopt a policy of ceasing exploration and development of new oil and gas fields. The resolution garnered the support of 6,9% of votes of minority shareholders (Exxon Mobil owns approximately 70% of Imperial Oil’s common equity). This relatively low score is not surprising considering that this is an emerging issue, and no Canadian company has yet taken such a stance. Nevertheless, the proposal allowed for the board and shareholders to consider the risks associated with continuing to grow oil and gas reserves at a time when the world needs to reduce the combustion of fossil fuels. The International Energy Agency states that if we were to follow a pathway to net zero emissions by 2050, there would be no need for exploration and developments of new oil and gas fields. For more information, see our Investor Memo<\/a> and\u00a0Proxy circular<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

A shareholder proposal was submitted by B\u00e2tirente, with the support of \u00c6quo, asking for Imperial Oil to adopt a policy of ceasing exploration and development of new oil and gas fields. The resolution garnered the support of 6,9% of votes of minority shareholders (Exxon Mobil owns approximately 70% of Imperial Oil’s common equity). This relatively…<\/p>\n","protected":false},"author":3,"featured_media":17982,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[34],"tags":[],"class_list":["post-16557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"\nShareholders Ask Imperial Oil to Cease Exploration and Development of New Oil and Gas Fields\ufffc | \u00c6quo<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shareholders Ask Imperial Oil to Cease Exploration and Development of New Oil and Gas Fields\ufffc | \u00c6quo\" \/>\n<meta property=\"og:description\" content=\"A shareholder proposal was submitted by B\u00e2tirente, with the support of \u00c6quo, asking for Imperial Oil to adopt a policy of ceasing exploration and development of new oil and gas fields. The resolution garnered the support of 6,9% of votes of minority shareholders (Exxon Mobil owns approximately 70% of Imperial Oil’s common equity). This relatively...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/\" \/>\n<meta property=\"og:site_name\" content=\"\u00c6quo\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-05T14:33:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-20T20:20:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/aequo.ca\/wp-content\/uploads\/2022\/05\/2022-05-05.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1199\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin_aequo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin_aequo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\\\/\"},\"author\":{\"name\":\"admin_aequo\",\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/#\\\/schema\\\/person\\\/6c7c0cceac647204cbcaebd61ef939d3\"},\"headline\":\"Shareholders Ask Imperial Oil to Cease Exploration and Development of New Oil and Gas Fields\ufffc\",\"datePublished\":\"2022-05-05T14:33:55+00:00\",\"dateModified\":\"2025-01-20T20:20:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\\\/\"},\"wordCount\":171,\"publisher\":{\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/aequo.ca\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/2022-05-05.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\\\/\",\"url\":\"https:\\\/\\\/aequo.ca\\\/en\\\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\\\/\",\"name\":\"Shareholders Ask Imperial Oil to Cease Exploration and Development of New Oil and Gas Fields\ufffc | \u00c6quo\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/aequo.ca\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/2022-05-05.jpg\",\"datePublished\":\"2022-05-05T14:33:55+00:00\",\"dateModified\":\"2025-01-20T20:20:24+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/aequo.ca\\\/en\\\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\\\/#primaryimage\",\"url\":\"https:\\\/\\\/aequo.ca\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/2022-05-05.jpg\",\"contentUrl\":\"https:\\\/\\\/aequo.ca\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/2022-05-05.jpg\",\"width\":1920,\"height\":1199},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/aequo.ca\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Shareholders Ask Imperial Oil to Cease Exploration and Development of New Oil and Gas Fields\ufffc\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/aequo.ca\\\/en\\\/\",\"name\":\"\u00c6quo\",\"description\":\"Services d'engagement actionnarial\",\"publisher\":{\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/aequo.ca\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/#organization\",\"name\":\"\u00c6quo\",\"url\":\"https:\\\/\\\/aequo.ca\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/aequo.ca\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/aequo-logo.png\",\"contentUrl\":\"https:\\\/\\\/aequo.ca\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/aequo-logo.png\",\"width\":500,\"height\":156,\"caption\":\"\u00c6quo\"},\"image\":{\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/company\\\/aequomtl\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/aequo.ca\\\/en\\\/#\\\/schema\\\/person\\\/6c7c0cceac647204cbcaebd61ef939d3\",\"name\":\"admin_aequo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/34ad2ab32ac84f4a168010bbd2cf2e58dcbde792c5fa1b83ede20827e2a9e892?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/34ad2ab32ac84f4a168010bbd2cf2e58dcbde792c5fa1b83ede20827e2a9e892?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/34ad2ab32ac84f4a168010bbd2cf2e58dcbde792c5fa1b83ede20827e2a9e892?s=96&d=mm&r=g\",\"caption\":\"admin_aequo\"},\"url\":\"https:\\\/\\\/aequo.ca\\\/en\\\/author\\\/admin_aequo\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Shareholders Ask Imperial Oil to Cease Exploration and Development of New Oil and Gas Fields\ufffc | \u00c6quo","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/","og_locale":"en_US","og_type":"article","og_title":"Shareholders Ask Imperial Oil to Cease Exploration and Development of New Oil and Gas Fields\ufffc | \u00c6quo","og_description":"A shareholder proposal was submitted by B\u00e2tirente, with the support of \u00c6quo, asking for Imperial Oil to adopt a policy of ceasing exploration and development of new oil and gas fields. The resolution garnered the support of 6,9% of votes of minority shareholders (Exxon Mobil owns approximately 70% of Imperial Oil’s common equity). This relatively...","og_url":"https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/","og_site_name":"\u00c6quo","article_published_time":"2022-05-05T14:33:55+00:00","article_modified_time":"2025-01-20T20:20:24+00:00","og_image":[{"width":1920,"height":1199,"url":"https:\/\/aequo.ca\/wp-content\/uploads\/2022\/05\/2022-05-05.jpg","type":"image\/jpeg"}],"author":"admin_aequo","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin_aequo","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/#article","isPartOf":{"@id":"https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/"},"author":{"name":"admin_aequo","@id":"https:\/\/aequo.ca\/en\/#\/schema\/person\/6c7c0cceac647204cbcaebd61ef939d3"},"headline":"Shareholders Ask Imperial Oil to Cease Exploration and Development of New Oil and Gas Fields\ufffc","datePublished":"2022-05-05T14:33:55+00:00","dateModified":"2025-01-20T20:20:24+00:00","mainEntityOfPage":{"@id":"https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/"},"wordCount":171,"publisher":{"@id":"https:\/\/aequo.ca\/en\/#organization"},"image":{"@id":"https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/#primaryimage"},"thumbnailUrl":"https:\/\/aequo.ca\/wp-content\/uploads\/2022\/05\/2022-05-05.jpg","articleSection":["News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/","url":"https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/","name":"Shareholders Ask Imperial Oil to Cease Exploration and Development of New Oil and Gas Fields\ufffc | \u00c6quo","isPartOf":{"@id":"https:\/\/aequo.ca\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/#primaryimage"},"image":{"@id":"https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/#primaryimage"},"thumbnailUrl":"https:\/\/aequo.ca\/wp-content\/uploads\/2022\/05\/2022-05-05.jpg","datePublished":"2022-05-05T14:33:55+00:00","dateModified":"2025-01-20T20:20:24+00:00","breadcrumb":{"@id":"https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/#primaryimage","url":"https:\/\/aequo.ca\/wp-content\/uploads\/2022\/05\/2022-05-05.jpg","contentUrl":"https:\/\/aequo.ca\/wp-content\/uploads\/2022\/05\/2022-05-05.jpg","width":1920,"height":1199},{"@type":"BreadcrumbList","@id":"https:\/\/aequo.ca\/en\/shareholders-ask-imperial-oil-to-cease-exploration-and-development-of-new-oil-and-gas-fields\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/aequo.ca\/en\/"},{"@type":"ListItem","position":2,"name":"Shareholders Ask Imperial Oil to Cease Exploration and Development of New Oil and Gas Fields\ufffc"}]},{"@type":"WebSite","@id":"https:\/\/aequo.ca\/en\/#website","url":"https:\/\/aequo.ca\/en\/","name":"\u00c6quo","description":"Services d'engagement actionnarial","publisher":{"@id":"https:\/\/aequo.ca\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/aequo.ca\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/aequo.ca\/en\/#organization","name":"\u00c6quo","url":"https:\/\/aequo.ca\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/aequo.ca\/en\/#\/schema\/logo\/image\/","url":"https:\/\/aequo.ca\/wp-content\/uploads\/2024\/11\/aequo-logo.png","contentUrl":"https:\/\/aequo.ca\/wp-content\/uploads\/2024\/11\/aequo-logo.png","width":500,"height":156,"caption":"\u00c6quo"},"image":{"@id":"https:\/\/aequo.ca\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/aequomtl\/"]},{"@type":"Person","@id":"https:\/\/aequo.ca\/en\/#\/schema\/person\/6c7c0cceac647204cbcaebd61ef939d3","name":"admin_aequo","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/34ad2ab32ac84f4a168010bbd2cf2e58dcbde792c5fa1b83ede20827e2a9e892?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/34ad2ab32ac84f4a168010bbd2cf2e58dcbde792c5fa1b83ede20827e2a9e892?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/34ad2ab32ac84f4a168010bbd2cf2e58dcbde792c5fa1b83ede20827e2a9e892?s=96&d=mm&r=g","caption":"admin_aequo"},"url":"https:\/\/aequo.ca\/en\/author\/admin_aequo\/"}]}},"taxonomy_info":{"category":[{"value":34,"label":"News"}]},"featured_image_src_large":["https:\/\/aequo.ca\/wp-content\/uploads\/2022\/05\/2022-05-05-1024x639.jpg",1024,639,true],"author_info":{"display_name":"admin_aequo","author_link":"https:\/\/aequo.ca\/en\/author\/admin_aequo\/"},"comment_info":0,"category_info":[{"term_id":34,"name":"News","slug":"news","term_group":0,"term_taxonomy_id":34,"taxonomy":"category","description":"","parent":0,"count":22,"filter":"raw","cat_ID":34,"category_count":22,"category_description":"","cat_name":"News","category_nicename":"news","category_parent":0}],"tag_info":false,"_links":{"self":[{"href":"https:\/\/aequo.ca\/en\/wp-json\/wp\/v2\/posts\/16557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aequo.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aequo.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aequo.ca\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/aequo.ca\/en\/wp-json\/wp\/v2\/comments?post=16557"}],"version-history":[{"count":1,"href":"https:\/\/aequo.ca\/en\/wp-json\/wp\/v2\/posts\/16557\/revisions"}],"predecessor-version":[{"id":18497,"href":"https:\/\/aequo.ca\/en\/wp-json\/wp\/v2\/posts\/16557\/revisions\/18497"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aequo.ca\/en\/wp-json\/wp\/v2\/media\/17982"}],"wp:attachment":[{"href":"https:\/\/aequo.ca\/en\/wp-json\/wp\/v2\/media?parent=16557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aequo.ca\/en\/wp-json\/wp\/v2\/categories?post=16557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aequo.ca\/en\/wp-json\/wp\/v2\/tags?post=16557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}