RE:RE:RE:RE:Investor day not environmentalist dayThe fact of the matter is, the company is not so much trying to appeal to the "environmental lobby" as it is trying to greenwash itself to appear a more "suitable" investment for institutional investors in general who are increasingly adopting ESG metrics when it comes to picking investments.
In a ways it makes sense, more institutional support should equal better share price/less volatilty and an overall lower cost of capital.
That being said, its definitely going to be an uphill battle for SU. The European supermajors have been trying for some time now, to greenwash themselves...investors in general don't seem to be buying it.
NPCexe wrote: Exactly. Overall it was a woke presentation with woke language and lofty environmental promises for a radical group that have been predicting the end of the world and keep getting it wrong every decade. Why does Al Gore still have a platform after predicting Miami will be underwater in 2014? Why are we still pushing this radical ignorant garbage? And why are we allowing government policy to override the science? SU is 90% of my portfolio and I'm already starting to rethink my decisions here. I thought we would be in the 30s by now
topdown99 wrote: No matter what SU does they are never going to get any credit from the environmental lobby so why waste billions on a black hole of negative sentiment . Crank up the plants and increase the dividend , you will never convert the unconvertable so take care of the shareholders you still have .