Investors Seek Vote on Climate Change Proposal at Exxon Mobil's Annual Meeting

摘要

Investors representing more than $1 billion in Exxon Mobil Corp. shares are asking the Securities and Exchange Commission to let a shareholder resolution on climate change onto the company's proxy. The shareholder proposal, filed by New York state's comptroller and four other investors, is the latest in a series of attempts to get Exxon Mobil to explain how its business could be impacted by climate change, but it is the first since the international climate agreement reached in Paris at the end of 2015 (47 ER 229, 1/22/16).