Article 1EVSW Exxon investors aim to force reckoning with impact of climate change policies

Exxon investors aim to force reckoning with impact of climate change policies

by
Rupert Neate in Dallas
from on (#1EVSW)
Story Image

Group of largest shareholders will vote for resolution calling on firm to publish annual assessment of business impact of policies such as Paris Agreement

ExxonMobil will face a revolt from some of its biggest and most influential shareholders on Wednesday as they fight to force the world's largest oil company to open up about the effect of climate change on its future profits.

Investors managing more than $10tn (6.9tn) of assets will vote in favour of a resolution calling on Exxon to "publish an annual assessment of long term portfolio impacts of public climate change policies" following the Paris Agreement to limit the global temperature rise to less than 2C (3.6F).

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/environment/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments