01
Jun
2017

Activist investors defy ExxonMobil board with climate resolution victory

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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 ...

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