BlackRock to flag climate concerns at ExxonMobil AGM

Fund manager will vote against re-election of two directors and for splitting chair and CEO role

BlackRock, the world's largest fund manager, will lodge multiple votes against ExxonMobil at its annual shareholder meeting on Wednesday as it flags concern over the oil company's failure to make progress on its climate change targets.

BlackRock will vote against the re-election of two directors and in favour of a shareholder motion that proposes splitting the role of chief executive and chairman.