4 May 2024
Activist investors defy ExxonMobil board with climate resolution victory
Publication date: 01 June 2017
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ExxonMobil shareholders have voted in favour of increased transparency on how climate change policies and technological advances will affect the company’s bottom line.
The non-binding proposal was supported by more than 62% of shareholders who voted at Exxon’s annual meeting on Wednesday, in what is being described as a significant win for activist investors.
The resolution demanded Exxon publish an annual assessment of the long-term portfolio impacts of ...