Author

Mark DesJardine

Mark DesJardine

Mark DesJardine is an assistant professor of strategy and sustainability at the Smeal College of Business, The Pennsylvania State University, where he researches topics related to corporate governance and business sustainability.

COMMENTARY
Exterior ExxonMobil sign

Commentary: Engine No. 1’s big win over Exxon shows activist hedge funds joining fight against climate change

By: and - May 28, 2021

One of the most expensive Wall Street shareholder battles on record could signal a big shift in how hedge funds and other investors view sustainability. Exxon Mobil Corp. has been fending off a so-called proxy fight from a hedge fund known as Engine No. 1, which blames the energy giant’s poor performance in recent years […]