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ExxonMobil Agrees to Report Carbon Stranded Asset Risk

2014-03-24 22:34:00| Climate Ark Climate Change & Global Warming Newsfeed

Environment News Service: In response to a shareholder resolution, ExxonMobil, the largest U.S. energy company, for the first time has agreed to publish a Carbon Asset Risk report on the company website. The report will show investors how ExxonMobil plans for a future where market forces and climate regulations will make some of its oil and gas reserves unburnable. The shareholders, led by the wealth management firm Arjuna Capital, which encourages sustainability, and the nonprofit advocacy group As You Sow, on Thursday...

Tags: report risk asset carbon

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