How to avoid getting scammed this tax season

first_img TAGSCouncil on AgingIRSTax ScamsTax Season Previous articleSave with these St. Patrick’s Day deals on food, drinks and travelNext articleA surprise encounter of the bear kind on the Wekiva River Denise Connell RELATED ARTICLESMORE FROM AUTHOR From the Council on AgingAs a new tax season begins, keep in mind scammers will be revving up their efforts to steal YOUR money.  The scams come in different forms: phishing emails, harassing phone calls and tax return identity theft. Here are some steps to help keep your identity and money safe: LEAVE A REPLY Cancel reply Share on Facebook Tweet on Twitter The Anatomy of Fear File taxes early to avoid scammersBe cautious about tax-related emails. Go to the website and log directly into your account for relevant informationHang up on IRS impersonator phone callsReport suspicious emails or phone calls ASAPShred bank and tax documents before throwing awayUpdate your security softwareThe IRS offers an option called Identity Protection PIN (IP PIN) that assigns a unique six-digit code to eligible taxpayers that helps limit fraudulent tax returns. There is more information available at https://www.irs.gov/identity-theft-fraud-scams/the-identity-protection-pin-ip-pin. Here are some reminders about the IRS. They will NEVER:Call about past-due taxes without having mailed several notices firstCall to demand payment with threats to involve law enforcement and have you arrested Call or email asking you to divulge personal and/or financial informationRequire payment without allowing you to appeal or even question the amount dueRequire you to use a specific payment method like a pre-paid debit card Ask for your credit/debit card and/or bank information over the phoneThese tips were provided by The Council on Aging, an agency that strives to ensure that the community values, honors and supports older adults and caregivers by addressing unmet needs through information, advocacy and education and by being a catalyst for comprehensive solutions. You have entered an incorrect email address! Please enter your email address here File taxes early to avoid scammersBe cautious about tax-related emails. Go to the website and log directly into your account for relevant informationHang up on IRS impersonator phone callsReport suspicious emails or phone calls ASAPShred bank and tax documents before throwing awayUpdate your security softwareThe IRS offers an option called Identity Protection PIN (IP PIN) that assigns a unique six-digit code to eligible taxpayers that helps limit fraudulent tax returns. There is more information available at https://www.irs.gov/identity-theft-fraud-scams/the-identity-protection-pin-ip-pin. Here are some reminders about the IRS. They will NEVER:Call about past-due taxes without having mailed several notices firstCall to demand payment with threats to involve law enforcement and have you arrested Call or email asking you to divulge personal and/or financial informationRequire payment without allowing you to appeal or even question the amount dueRequire you to use a specific payment method like a pre-paid debit card Ask for your credit/debit card and/or bank information over the phoneThese tips were provided by The Council on Aging, an agency that strives to ensure that the community values, honors and supports older adults and caregivers by addressing unmet needs through information, advocacy and education and by being a catalyst for comprehensive solutions.center_img Support conservation and fish with NEW Florida specialty license plate Please enter your name here File taxes early to avoid scammersBe cautious about tax-related emails. Go to the website and log directly into your account for relevant informationHang up on IRS impersonator phone callsReport suspicious emails or phone calls ASAPShred bank and tax documents before throwing awayUpdate your security softwareThe IRS offers an option called Identity Protection PIN (IP PIN) that assigns a unique six-digit code to eligible taxpayers that helps limit fraudulent tax returns. There is more information available at https://www.irs.gov/identity-theft-fraud-scams/the-identity-protection-pin-ip-pin. Here are some reminders about the IRS. They will NEVER:Call about past-due taxes without having mailed several notices firstCall to demand payment with threats to involve law enforcement and have you arrested Call or email asking you to divulge personal and/or financial informationRequire payment without allowing you to appeal or even question the amount dueRequire you to use a specific payment method like a pre-paid debit card Ask for your credit/debit card and/or bank information over the phoneThese tips were provided by The Council on Aging, an agency that strives to ensure that the community values, honors and supports older adults and caregivers by addressing unmet needs through information, advocacy and education and by being a catalyst for comprehensive solutions.,Here are some steps to help keep your identity and money safe: Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Here are some steps to help keep your identity and money safe: Please enter your comment! Save my name, email, and website in this browser for the next time I comment.,From the Council on AgingAs a new tax season begins, keep in mind scammers will be revving up their efforts to steal YOUR money.  The scams come in different forms: phishing emails, harassing phone calls and tax return identity theft.last_img read more

Read More »

Florida conservation groups fight onshore drilling expansions

first_img The Anatomy of Fear TALLAHASSEE, Fla. – Faced with strong bipartisan opposition to offshore drilling, some oil companies are finding success by tapping deeper into Florida’s little-known onshore oil-drilling industry.The Sunshine State has been producing oil from wells in southwest Florida and the Panhandle for decades. The controversial practice has been challenged with numerous lawsuits for operating in some of the state’s most pristine natural areas.Georgia Ackerman, riverkeeper and executive director with the group Apalachicola Riverkeeper, says she wants Gov. Ron DeSantis and state regulators to reverse course on allowing drilling in the Apalachicola River Basin, the same way they fight offshore drilling.“We understand the threats that that brings to our coastal waters and shorelines,” says Ackerman. “Onshore drilling close to rivers, near wetlands and floodplains presents some of the same types of risks.”Regulators in the Oil and Gas program at Florida’s Department of Environmental Protection gave the green light to Dallas-based Cholla Petroleum to drill six exploratory wells, which environmental scientists argue could put water supplies throughout the Panhandle at risk.A spokesperson for the environmental agency said “oil and gas permits, including exploratory, are carefully evaluated under Florida law… to ensure that all aspects of the operation will follow the law and are protective of the environment.”But Ackerman says even minor accidents could be harmful during high and low tides.“You can imagine oil contaminants or the types of chemicals that are associated with drilling,” says Ackerman, “that getting mixed into our wetlands and waterways presents a challenge.”DEP also approved Spooner Petroleum of Mississippi conducting exploratory drilling in Gulf County. The Kanter Real Estate group recently won approval to drill an exploratory well in the Everglades ecosystem after a legal battle that started in 2015.While those plans move forward over the objections of environmental groups, oil drilling within 125 miles of the Florida coast has been banned since 2006. That moratorium is set to expire in 2022. Please enter your comment! Exploratory oil drilling applications submitted by two out-of-state petroleum companies to drill in Gulf and Calhoun counties have received approval by the Florida Department of Environmental Protection. (Pixabay) Please enter your name here Support conservation and fish with NEW Florida specialty license plate TAGSOnshore drillingPublic News Service – FL Previous articleAsking people with memory loss about past holidays can help them recall happy timesNext articleMan Who Ate $120,000 Art Installation Was Making Art Of His Own Denise Connell RELATED ARTICLESMORE FROM AUTHOR Share on Facebook Tweet on Twitter By Trimmel Gomes, Public News Service – FL You have entered an incorrect email address! Please enter your email address here Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 LEAVE A REPLY Cancel reply Save my name, email, and website in this browser for the next time I comment.last_img read more

Read More »

Early success for another nude fundraising calendar

first_imgEarly success for another nude fundraising calendar A nude fundraising calendar created by a group of Gloucestershire women to raise money for victims of the Rwandan genocide is already set for a second reprint.The women have received hundreds of orders from around the world, including from Australia, within days of launching the calendar at a church service commemorating the 10th anniversary of the genocide and via their Web site.The calendar, “Exposed 2005”, costs £10 and the initial print-run of 5,000 looks unlikely to meet demand. Since the printing costs were covered by sponsorship, the women say that every penny of sales will be donated to the Survivors Fund charity, Surf. Advertisement Tagged with: Giving/Philanthropy Trading Volunteering The women have secured a distribution deal with a book shop, and the calendar can be bought online at Amazon.co.uk. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.center_img  36 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 12 October 2004 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

Read More »

Al-Quds rallies protest apartheid Israel

first_imgAl Quds Dearborn, Mich.International Al-Quds Day is celebrated all over the world on the last Friday of the holy month of Ramadan. This year it fell on July 1. Al-Quds day was created by Iran in 1979 to inspire international opposition to Zionism. (Quds is the Arabic name for Jerusalem.)In Dearborn, Mich., the Al-Quds Committee organized its annual rally with the slogan, “Americans First, Not Apartheid Israel.” The majority of protesters were of Lebanese descent, together with Palestinians and other nationalities.The rally’s general message was opposition to the $3.7 billion given to Israel by the U.S. Speakers included community sheikhs as well as Alison Weir, from If Americans Knew, an organization that educates people about U.S. policy in the Middle East. Speakers brought up communities near Dearborn where pressing issues are more in need of the billions sent to Israel. These include the collapsing Detroit Public School system, yet to be bailed out, as well as the Flint water crisis, where the city has received less than $100 million in aid to fix its crumbling infrastructure.Actions called for at the rally were to “have conversations” and to be more mindful and critical of whom one votes for. But voting isn’t the route to ending Israeli apartheid.No matter who is in office, capitalist forces will still be in control. Veolia, the major company partially responsible for the water crises in Detroit and Flint, is also responsible for the water crisis in Gaza. The Boycott, Divestment and Sanctions movement is forcing Veolia’s businesses out of occupied Palestine.The action we need to take is to continue getting out in the streets and demanding that human rights and needs have to be placed above profit.Al-Quds New York City.At the Al-Quds rally in New York City, hundreds of people gathered in the rain in Times Square and demanded an end to all U.S. aid to Israel. They also called for the return of Palestine to the Palestinian people and protested a recent executive order by New York Gov. Andrew Cuomo targeting the BDS movement.The rally was sponsored by Samidoun, the Palestinian Prisoner Solidarity Network; Al-Awda, the Palestinian Right to Return Committee; the International Action Center-NYC; and dozens of other groups. Later, an Al-Quds Iftar Dinner and Cultural Program, organized by Students for Justice in Palestine, was held at the International Action Center.At the Boston Al-Quds rally in Copley Square, Sister Nuzaiba Haider called for opposition to imperialism and Zionism fomenting instability in the Middle East and for solidarity with the “oppressed of the world.” Placards proclaimed “U.S. dollars fund Israeli war crimes.” The rally was coordinated with worldwide actions sponsored by the Muslim Congress. Also participating was the International Action Center-Boston with a banner demanding “Self-determination for all Arab nations, Victory to Palestine!”FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Read More »

Colt Ford on stage at Dos Amigos

first_img Colt Ford’s music has been called a fusion of country, southern rock and hip-hop.But his May 2017 release of “Love Hope Faith” shows that he can also offer up something with more traditional sounds, as well as contemporary tracks.The album is Ford’s follow-up to 2014’s “Thanks for Listening.” His website details that Ford continues to live out his boyhood dream — the one where you “wake up on a mission/to buy that beat-up Gibson,” as he sings on “No Rest.”The album is called a message to his loyal fan base, and a strike against the divisiveness plaguing “our country, celebrating the things that bring us together — friends, family, our faith in a better future.”Fans in Odessa will get a chance to hear him live at 7 p.m. Saturday at Dos Amigos.Featuring such guests as Music City stalwarts Brad Paisley (“Lookin’ for a Hand Out”), Toby Keith (“Time Flies”), Lady Antebellum’s Charles Kelley and brother Josh (“Young Americans”) and veteran rockers Lit (“I’m Mud”); and newcomers like Waterloo Revival’s Cody Cooper and George Birge (“Dynamite”), Tyler Farr (“My Truck”), Taylor Ray Holbrook (“Reload”), Javier Colon (“No Rest”) and Granger Smith (“Keepin’ It Real”).“I’m just trying to bring people together,” Ford said via his website. The Georgia native is a one-time golf pro who still frequents the links and the co-founder/owner of his own Average Joes Entertainment. “There’s so much conflict out there, it’s hard to decide who’s right and who’s wrong.”And while he admits to a populist fan base and down-to-earth, “Keepin’ It Real” attitude, Colt cautions, “I’m not a politician. I’m a musician, a performer. We have to get past our differences and find a common ground.”Ford’s latest album is a hybrid of country, blues, rock and rap rhythms. The artist has built up a following that started with mud trucker events and graduated to arena status sharing the stage with the likes of golfing buddy Toby Keith.“I feel more confident than ever as an artist,” Ford said on his website and while he numbers some of the most important supporters in Music City, his lack of country radio acceptance and award show accolades continues to drive him. “I’ve given it my best shot. Some of that outsider thing is tongue-in-cheek, but some of it is true. I’m unbelievably accepted by artists and songwriters. There’s no one I can’t work with. They know I’m real. I’ve built those relationships over time, and I feel I’ve created a body of work.”A number of songwriters worked on the new album with Ford.“There are a lot of different styles on this album, but I think my fans will hear it’s just me,” he said. “As long as I remain true to myself, I can delve into all of them.”“No Rest,” he said, sums up his ambitions on “Love Hope Faith,” his tribute to being a working musician, what he calls “my version of ‘My Way.’”“I’m proud of that song,” he said on his website. “I think it’s one of the best I’ve ever done. It’s not just about being a rock star, but accomplishing your dreams, a passion that can’t be stopped. Anyone who has that drive will appreciate it. Everybody’s got fears, but when you hear that song, it’s me.”“I built walls… and I’ll be here when they’re gone,” he says, taking the role of “I’m Mud,” but you know he might as well be talking about himself. WhatsApp Facebook Erica Lane part of Fandango celebration Twitter Twitter Facebook Previous articleSandHills Rodeo honoring local heroes with free admissionNext articleA SHARP LIFE: Travel is a gift for the whole family admin RELATED ARTICLESMORE FROM AUTHOR Country crooner featured at Rolling 7’s Musician Colt Fordcenter_img Local NewsEntertainment Colt Ford on stage at Dos Amigos Pinterest WhatsApp Midessa Music Fest is in July By admin – January 5, 2018 Home Local News Entertainment Colt Ford on stage at Dos Amigos Pinterest Slap Your Mama It’s So Delicious Southern Squash CasseroleTexas Fried ChickenSummer Spaghetti SaladPowered By 10 Sec Mama’s Deviled Eggs NextStay last_img read more

Read More »

Top 5 Cities for Housing

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago November 20, 2018 1,814 Views Affordability Florida Homes HOUSING WalletHub 2018-11-20 Radhika Ojha Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago It’s not just the balmy climate and the sandy coastline that attracts residents to the Sunshine State. As the fourth largest economy in the country and one of the largest job creators, Florida has cultivated the reputation of also being one of the best states to raise children, according to an analysis by WalletHub that compared 183 Florida cities across 21 key metrics to identify those that offered the best combination of family-friendly factors.They included factors such as housing affordability, school system, general affordability, and income.While Oviedo, was ranked No.1 with an overall score of 75.47, Fruit Cove with a score of 72.43 came a close second. Horizon West (72.15); Parkland (71.54); and Palm Valley (71.47) rounded off the top 5 cities, according to the analysis.Cities in the Miami metropolitan area, however, were among the bottom-ranked on this list. At 183 South Miami Heights languished at the bottom with a score of 28.27. North Miami fared slightly better with a score of 28.67 and a ranking of 182. West Little River (29.91); Leisure City (29.91); and Tamiami with a score of 30.66 made up the bottom five cities.Florida cities that boasted the most affordable housing included West Pensacola, Bellview, North Fort Myers, Brent, and Pace. On the other hand, the most expensive cities for housing were also some of Florida’s largest cities. They included Miami, Miami Beach, Coral Gables, University Park, and Westchester.Interestingly, Miami was also among the cities with the lowest median family income along with University, Oak Ridge, Hialeah, and Immokalee.Palm Valley, Fleming Island, Winter Park, Fruit Cove, and Jacksonville Beach were among the cities that boasted the highest median family income.In terms of overall affordability, Palm Valley was ranked first (ranked five overall), while Fruit Cove came in second followed by Fleming Island. Despite being ranked 39th overall, Jacksonville Beach came in fourth in the affordability rankings, followed by Lutz which was ranked 19th overall on the list of Florida’s cities. Top 5 Cities for Housing Related Articles in Daily Dose, Featured, Market Studies, News Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Top 5 Cities for Housing Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Tagged with: Affordability Florida Homes HOUSING WalletHub The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Redefining Property Values Next: Figure Helps Homeowners Leverage Home Equity for Retirement Data Provider Black Knight to Acquire Top of Mind 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas.  Print This Post The Best Markets For Residential Property Investors 2 days ago About Author: Radhika Ojha Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share 1Save Sign up for DS News Daily Subscribelast_img read more

Read More »

Bus service which brings people to hospitals in Dublin cut because of lack of…

first_img Facebook Three factors driving Donegal housing market – Robinson Previous articlePost Office in St Johnston robbed by masked men this morningNext articlePearse Doherty introduces Bill to cap money lender interest rates News Highland RELATED ARTICLESMORE FROM AUTHOR News The Regional Manager of the HSE says the subsidised bus service which brings people to hospitals in Dublin for out patient appointments is being withdrew because not enough people use it.According the the HSE there is only an average of five people a day using the service.John Hayes says the bus service had to be cut as a cost cutting measure…[podcast]http://www.highlandradio.com/wp-content/uploads/2012/07/hay1pm.mp3[/podcast] Guidelines for reopening of hospitality sector published Twitter By News Highland – July 12, 2012 Calls for maternity restrictions to be lifted at LUH Twitter Bus service which brings people to hospitals in Dublin cut because of lack of usagecenter_img Pinterest Pinterest Google+ Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Google+ Almost 10,000 appointments cancelled in Saolta Hospital Group this week Facebook LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton WhatsApp WhatsApplast_img read more

Read More »

Donaldson family taking legal action against the NI Police Ombudsman

first_img Pinterest Full statement -STATEMENT ON BEHALF OF THE FAMILY OF DENIS DONALDSONIN RESPONSE TO REVELATIONS IN BBC SPOTLIGHT RELATED ARTICLESMORE FROM AUTHOR 365 additional cases of Covid-19 in Republic Google+ WhatsApp Newsx Adverts Google+ Facebook Twitter Man arrested in Derry on suspicion of drugs and criminal property offences released Man arrested on suspicion of drugs and criminal property offences in Derry Twittercenter_img The family of Dennis Donaldson is taking legal action against the Northern Ireland Police Ombudsman.In a statement this evening, their solicitors Madden and Finucane say in April, they raised grave questions about the role PSNI  Special Branch members in the circumstances leading to Denis Donaldson’s murder, and this week’s BBC’s Spotlight programme have confirmed those concerns.They say it now seems that when those issues of complaint were raised with the current Police Ombudsman, they were “systematically suppressed”. Pinterest WhatsApp Previous articlePringle urges “No” vote in Oireachtas Inquiries referendumNext articleMcGuinness says wife would have no problem moving to Phoenix Park News Highland By News Highland – October 20, 2011 PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Dail to vote later on extending emergency Covid powers Donaldson family taking legal action against the NI Police Ombudsman In April 2011, we published new information that raised grave questions about the role PSNI Special Branch members played in the circumstances leading to Denis’s murder.Disclosures by BBC’s Spotlight programme (Tues. 18th Oct. ‘11) have confirmed our statement of concerns.PSNI Special Branch members knew the movements and communications of Denis Donaldson, and his wife Alice, during the time that he had sought refuge in Donegal.One former senior member of PSNI Special Branch knows how this information was obtained, why it was gathered, where it was processed, who accessed it, and what was done with it.  His code-name is ‘Lenny’.  He is Denis’s former PSNI Special Branch handler. ‘Lenny’ remained a senior member of PSNI Special Branch until earlier this year when he retired from that organisation.It is now apparent that the issues of complaint, deemed to be “grave and exceptional” that were raised with the current Police Ombudsman were systematically suppressed.  The role played by ‘Lenny’ had been central to our family’s complaint.  The current Police Ombudsman did not even interview ‘Lenny’.The current Police Ombudsman further demonstrated bland indifference to the content of a journal, which Denis Donaldson had secretly compiled, but which was seized by Gardai at the scene of his murder. They continue to withhold that material from the family citing “security concerns”.  Our solicitors are now preparing legal action in light of the Police Ombudsman’s handling of our complaint. Facebook HSE warns of ‘widespread cancellations’ of appointments next week last_img read more

Read More »

€25 million SEAI Communities grant scheme announced today

first_img Pinterest DL Debate – 24/05/21 Arranmore progress and potential flagged as population grows Facebook Twitter Twitter Pinterest Important message for people attending LUH’s INR clinic Up to €25 million is being made available to community projects across Ireland to make homes and businesses more energy efficient.The SEAI Communities grant scheme will support communities to deliver energy upgrades to nearly 700 homes and 570 community and commercial buildings in their local area, eliminating 34,676 tonnes of CO2 annually.In Donegal, under the SEAI Communities grant scheme announced today homes, business, community centres and farms are to benefit from a share of the €25 million in funding.A number of homes in the county are to be upgraded to include; solid fuel room heaters, LED lighting, electricity energy monitors, replacement windows and doors and roof and wall insulation.Meanwhile, energy upgrades are also being offered at Letterkenny Institute of Technology, John Bosco Community Centre and Donegal County Council’s Road Design Office as well as NCBI Ireland Charity Shops, Gortahork National School, St Johnston and Carrigans Family Resource Centre and Donegal Airport.Upgrades will include; heating controls, lighting, storage heaters and solar PV panels. Homepage BannerNews €25 million SEAI Communities grant scheme announced today Google+center_img Loganair’s new Derry – Liverpool air service takes off from CODA WhatsApp Previous articleCampaign group vows to fight for Lifford hospital servicesNext articleNew car registrations in Donegal continue to fall News Highland Facebook Google+ Nine til Noon Show – Listen back to Monday’s Programme WhatsApp News, Sport and Obituaries on Monday May 24th By News Highland – September 2, 2019 RELATED ARTICLESMORE FROM AUTHORlast_img read more

Read More »

ExxonMobil facing shareholder unrest ahead of annual meeting

first_imgChurch Commissioners and New York pension fund want Exxon to follow industry peers in targeting net zeroThe activist investors highlighted steps taken in recent months by other oil and gas majors, including BP, Royal Dutch Shell and Repsol, to develop new business strategies that are aligned with the climate goals set out in the Paris Agreement.“ExxonMobil, by contrast, has been uniquely resistant to accepting responsibility for the emissions associated with its business,” they added.“It has refused to disclose the emissions associated with the use of the energy products it sells. It insists on planning its future production on the basis of demand growth consistent with 3°C of warming by 2100.“Most perversely, and damaging to shareholder returns, it is investing to grow its hydrocarbons production by 25% by 2025, a growth rate in excess of even a 3°C pathway.“While professing support for the Paris Agreement, ExxonMobil is acting in full defiance of it.“It is crystal clear to us that ExxonMobil’s inadequate response to climate change constitutes a broad failure of corporate governance and a specific failure of independent directors to oversee management.”Exxon disputes these claims, saying board members “routinely review environmental stewardship and discuss issues related to the company’s business, including the risks related to climate change”.In its notes to shareholders, the oil company added: “The board considers climate change throughout the year as it assesses research and development efforts, operating strategies, business and corporate planning, technology, current events, shareholder engagements, and company performance.“[It] evaluates climate risks in the context of other operational, market, and financial risks and considers the interactions with these additional factors.“It also includes at least one session each year when the full board engages on the latest developments in climate science and policy.” Climate issues will be a hot topic at the annual ExxonMobil shareholder meeting, as investor groups demand a boardroom shake-up over its response to climate change. Climate-concerned investor groups have urged for the Exxon board to be voted out at this year’s annual shareholder meeting (Credit: Flickr/Mike Mozart) Ahead of the ExxonMobil annual shareholder meeting next month, investors have been urged to vote against re-election of the US oil major’s entire board of directors due to its “perverse” refusal engage with climate-related issues.The Church Commissioners for England – an investment branch of the Church of England – and the New York State Common Retirement Fund have both made the call for shareholders to oust Exxon’s executive leadership team.Both have also backed a resolution for the appointment of an independent chairman of the board of directors, a role currently held by Darren Woods who is also the firm’s chief executive. Shareholder dissent ahead of ExxonMobil meeting has support of BlackRock-backed Climate 100+ initiativeThe two investor groups are members of the Climate Action 100+ initiative, which controls more than $40tn in assets having recently adding BlackRock – the world’s largest asset manager – to its membership, and has been putting pressure on firms to address environmental issues.In an open letter to shareholders, the groups said that, despite the current market pressures facing energy companies in the face of the coronavirus pandemic, now is not a time to “lose sight of the long-term challenges” the oil and gas industry faces in the context of climate change.They added: “Our voting intentions are a measure of our profound dissatisfaction with ExxonMobil’s approach to climate change risks and the governance failures that underpin it.“We believe that ExxonMobil can do so much better, and that a change in strategy and governance can bring about a long-overdue improvement in shareholder returns.” Independent board chairman and lobbying disclosures also up for shareholder votesIt is the second year that the Church Commissioners and New York State Common Retirement Fund have chosen to vote against the board’s re-election, although more than 93% of shareholder votes cast at last year’s meeting were in favour of backing the leadership team.A separate vote to split the dual role of board chairman and CEO and appoint an independent party to oversee corporate governance gained a 40% approval from shareholders in 2019.This motion is again on the agenda ahead of this year’s meeting, as well as one for Exxon to provide details of its political lobbying activity – which garnered 37% support last year.New York State Comptroller Thomas DiNapoli, who is a trustee of the retirement fund, said: “We believe that an independent board chair and the disclosure of lobbying are important first steps in restoring oversight and good governance practices at ExxonMobil.“The time has come for ExxonMobil shareholders to insist, unequivocally, on change. We believe that directors must be held to account for this broken state of affairs.”A third climate-related shareholder motion has been filed this year, intended to scrutinise the oil company’s public statements on voluntary climate commitments and the reality of the results.The proposed annual “greenwashing audit” is designed to help shareholders decide whether climate-realted spending is delivering “meaningful benefits” or being used to enhance its public image, according to company documents.Exxon has advised shareholders to vote against all three proposals, saying the combined role of CEO and chairman held by Woods delivers “significant benefits” to shareholders by ensuring “items of greatest importance for the business are brought to the attention of, and reviewed by, the board on a timely basis”.It added that the board “fully supports accountability, appropriate transparency, and disclosure of lobbying activities and expenditures”, arguing that a requirement for additional disclosure would hold the company “to a different standard than other groups engaging in similar lobbying activities”.last_img read more

Read More »