ALBANY – New York’s top financial officer has lined up support from 47 other institutional investors for a proposed shareholder resolution requiring ExxonMobil Corp. to report on how its business will be affected by climate change mitigation efforts globally.
State Comptroller Thomas DiNapoli said New York and another Exxon investor, the Church of England’s investment fund, are working together to reintroduce a shareholder resolution to force Exxon to tell investors annually of the “viability of its assets” in light of continuing government efforts to reduce carbon-based emissions.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
