have you received mid feedback with the piece with exon and others. i know that was a big issue with the fortune 500 companies. exon was a big standout. familiar institutional investors voted the way we voted on this issue. is there any follow up? >> there has been. i think the company is now making an effort to engage with investors, but no specific update in terms of an outcome to report. >> the other issue i know is big at cii was the executive and board representation. i am glad you joined in that the way we voted on those. for institutional investors this is a major issue moving forward as you know from c i i. i really appreciate the fact we joined with othertutional investors. i am looking forward to more. i knew about the pri. i am glad we are on that as well. i would like to hear more on the other piece. >> we will update that item when we talk about our firearms report. >> perfect. thank you. >> on your page 6, it goes to the middle platform. the esg investment management. not the one on the screen right now. it will go esg investment managem

about the financial impact of government action to limit global warming investors would have forced exon to invest less in fossil fuels. now let's get more on that from our financial correspondent jill any who joins us from frankfurt several u.s. states have tried to bring climate change lawsuits against all companies in recent years most of failed in court what's different now well the previous these previous cases were brought under this idea that exxon and other oil companies have helped has helped contribute to climate change and they should pay some of the costs the court said that this is not their area to decide on that that should be left to the executive parents and congress this case is a lot different because they're bringing this under a shareholder fraud case this is a very well established legal precedent that this they're using the same law that was used to investigate banks during the financial crisis so there's a lot there's a lot of precedent here if this carries is successful what would it cost x. on. the new york attorney general and it's an absolute lawsuit has said

we voted, for example, against three directors' re-election amount exon including the c.e.o. for failing to adequately address climate change and voted on a chartered board committee at exon for environmental and social issues. that is one example. in february of next year we will provide a comprehensive report on the 2019 proxy voting activities once the year ends. >> moving to engagement. this year marked the start of a program to more directly engage with companies on esg topics. we contacted about 50 through letter writing and e-mails and ended up having in person or over the phone conversations with about a dozen companies on material esg issues for those companies. we focused on thermal comb companies around the plan to ex it the comb industry. we met with oil and gas companies to discuss climate risk and the energy transition, and we took the lead on three companies lacking women on the board of directors and encouraged them to take steps to increase the board's diversity. then we contacted gun retailers to press them to don't more and safer responsible practices aroun

hinton was the 156th person exonated oved innocence after being sentenced to death. that means for every nine people we have executed in this country, we ha identified one innocent person orn death row. it's a shocking rate of errowe ouldn't tolerate that error in most other areas o our lives. we wouldn't tolerate 1 out of 9 planes crashing from the sky and everyone dying. hed yet we terate it in the administration of death penalty. and that's the challenge that i see us facing. >> how has dna and forensic technology changed theequation? >> i think they have had a huge impact.ha no question dna in particular has helped us uncover wrongful convictions but it's a small subset of the universe of convictions. dna is most effective in cases sexualhere's been logical evidence you can test. that's a very small fraction of the kinds of cases that have sent many peopl to death row or people ton pri for life with no chance of parole. won't actu make a differenceit if we don't create a different culture, if we d have a mindset thatt actually abhors wrongfulti convs. that doesn'

exon as it's also known was established in london and describes itself as a decentralized movement the pursues its aims through grassroots activism it claims to have a presence in $72.00 countries and has been grabbing headlines by staging a number of protests the americas spoke with 2 members of extinction rebellion which you can watch in full on r.t. dot com or you tube channel. the types of actions that we want to engage with are disruptive to business as usual but disruptive in a way that is not repellent to observers or outsiders people who may not even consider themselves to be environmentalists or politically active or aware cetera but people who are just paying attention in the world and understand that we are in a crisis and so they will be attracted or drawn into the spirit of the rebellion there are many ways to get involved. and we don't really place getting arrested above not getting arrested. a lot of people. extinction of delhi in protest of planned in europe india north and south america and as i mentioned earlier australia among the groups and key demands of the govern

this is going to be a big day as well with energy earnings all of these names scheduled to report exonn friday we are just about there. if we tally up everything and whatever comes out this morning by two or three hours from now when the count is all done, we should see a half way point. with about 204 companies reporting from refinitiv, you have a nice beat rate. generally speaking, that beat rate pretty good and just about in the same line as historical context. if every company reports as expected, you could see blended earnings growth come in 2% lower. that is where we've been eyeing things out blended revenue growth up 3.3% things look pretty good but because of expectations for earnings season have come down so steadilies it easy to beat those lower expectations >> we got it what about sector by sector. you mention the energy if that sector was stripped out, you'd see modest earnings growth there is a reason why. if you take a look at this, energy is expected to drop by the earnings growth. technology is down about 5% as well those represent the biggest drags. the two biggest tal

exon's name comes up all of the time. they are big company in energy. do you distinguish between company in this area who may be investing to try to develop renewables as well as still working in the fossil fuels, oil, gas? do you look for that or see that? >> there is not a direct metric in our framework that focuses on renewables investments or revenue from renewables activity, but in theory if companies effectively transition their business model in a material way away from hydrocarbons to renewable sources of anything, their risk in the metrics we do measure would improve. it would indirectly show up in our metrics. >> staff has found renewable dedicated funds. that is good. the major players there is a large amount of market to invest in. some people are using the distribution to capture the renewables. that is part of this whole thing which we will discuss for the next many years. no motions on the floor. in terms of the way staff has written the recommendation it can be one motion for three or for each or combination or independent board motion a

and what i intend to do perhaps is make a deal with an exon mobile to go in and do it properly. it's big oil underground but it's not big oil up top. much of the machinery has been shot and dead. it's been through wars, but -- and spread out the wealth. but we're protecting the oil. >> so colonel, that may have been a little eyebrow raising but it was lindsey graham who endorsed in part the president's plan to go after the oil in syria today. listen to what he had to say. >> this doesn't violate any law in my view. what it does is just good common sense foreign policy. i want to congratulate the president for making sure that the oil revenues never fall into the hands of the bad guys and the way you secure this, this is a win/win. the sdf will get more money if we can modernize the oil fields. t weir not going over there to enrich americas, it will allow them to get stronger over time and finally, and this is okay to lower the cost to us. >> so colonel, what do you make of that? i mean, were we hearing taking the oil or finding there are certain rights or profits of the oil as a

exon mobile is not going to want to take gas from the syrian governor. what's the point of abandoning our -- >> you mentioned that several times. sni >> we're not going to steal syrian oil and ship it over here. we don't need it. it's probably illegal under national law. the policy doesn't make a lot of sense and the larger issue i have as i suggested earlier is s how are we going to keep isis at a resurgence and we've ended our successful partnership with the kurds and now you see the minority expanding its reach across and those are precisely the conditions that gave ride to the rise in the first place so i am concerned that president trump does not have a plan going forward for eastern syria. our withdrawal is destabling it and creating greater opportunities for an isis resurgence. >> thank you both very much. >> our breaking news continues on the raid that killed isis leader al-baghdadi. president trump says this is bigger than the death of bin laden. you're live in the cnn newsroom. take in fragrance inspired by nature... ...with air wick essential

but he also knows unless he gets these sanctions lifted, unless he can get exon and shell and bp and all these western companies in to help him drill, russia's one economic asset is something he is not going to be able to get out of the ground. >> and there is a kind of desperation there. >> yes. he's at the end. >> when i was reading this i was thinking the two sketchiest relationships the president has mohammad bin salm mohammad bin salman. both run by despotic regimes with corrupt oligarchies around hem engaging a lot of malfeasance and mischief and really bad acts around the world at the time. i also wonder how much -- you don't talk about this this much. although in the end you sort of do. they're going to have to stop pulling stuff out of the ground. >> yeah. >> so you set the table, and this has been the case for 100 years for these industries. they've been operating in all kinds of places. they're corrupt in government, had illicit deals. they have enough to melt the entire world and they're going to have to leave a huge chunk of it in the ground. it's like what happens then?

climate change, they will of course focus on the political efforts of the world's largest oil companies, exonchevron, bp, and shell. they'll note the objective role of leading trade associations like the u.s. chamber of commerce, the national association of manufacturers, and the american petroleum institute. they'll chronicle the network of phony front groups set up by big oil, big coal, and the koch brothers to s sow doubt of the science and fear of climate action. big oil, the kochs, the trade associations, the front groups all will deserve plenty of blame. their climate denial apparatus and their capture of the modern republican party is a direct and deliberate cause of america's failure. but there are other less heralded but equally bad actors. i come to the floor today to discuss one of them. future historians take note of marathon petroleum. marathon petroleum is the largest oil refiner in the united states. it refines oil into gasoline, other fuels and lubricants. it owns pipelines and gas stations. its 4,000 speedway locations and almost 8,000 independent gas stations selling maratho