BlackRock to flag climate concerns at ExxonMobil AGM
by Joanna Partridge from Environment | The Guardian on (#53ZD3)
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.
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