31 May '17, 7pm

Shareholder Uprising: Measure Approved Instructing Exxon to Report Climate Impacts

Shareholders of ExxonMobil voted by a 62.3 percent shareholder majority Wednesday instructing the oil giant to report on their impacts on climate change. The result of this vote is a sign that activist pressure on the company is working, said 350.org , a leading international climate campaign. Along with the shareholder uprising, Exxon is also facing an investigation by multiple Attorneys General over whether it lied to the public about climate change and a divestment campaign that has helped convince more than 730 institutions representing $5.4 trillion in assets to go fossil free. Exxon's climate lies are finally catching up with them. The company is facing public protest, shareholder anxiety, multiple investigations and a growing divestment campaign . They can try and run from this issue, but they can't hide. Sooner or later, this company will be held accountable for th...

Full article: https://www.ecowatch.com/exxon-shareholders-climate-vote-...

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