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Exclusive: New York asks SEC to force climate vote onto Exxon proxy
2016-02-24 08:34:04| Chemicals - Topix.net
New York state's comptroller and four other Exxon Mobil shareholders asked the U.S. Securities and Exchange Commission this week to force the oil producer to include a climate change resolution in its annual shareholder proxy, according to a filing seen by Reuters. The move, the first since the Paris climate accord, ratchets up the tension between the world's largest publicly traded oil company and a growing chorus of investors concerned that climate change or legislation designed to curb it will harm Exxon's ability to operate profitably.
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Category:Chemicals
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