....Shareholders in Exxon Mobil have backed a motion requiring the company to assess the risks from climate change. The plan, proposed by investors including the Church of England
, was supported by over 62% of those eligible to vote. ...
[Read full article on BBC
Wednesday 31st of May 2017 05:26:43 PM
....”. Exxon’s management sought to head off the proposal championed by the pension funds of the Church of England
, New York and California and other large shareholders, which will force the company to conduct an annual “stress test” measuring how its oil assets will be affected by climate change regulation and new technology. ...
[Read full article on Guardian
Wednesday 31st of May 2017 05:28:57 PM