Patrick Elf on Twitter
I applaud the decision! @ExxonMobil Shareholders Demand Accounting of #ClimateChange Policy Risks https://t.co/KWaTvFWsaG #SignalsofChange
Exxon Mobil Shareholders Demand Accounting of Climate Change Policy Risks
Investors and groups concerned about climate change submitted similar proposals in the last few years, but Exxon resisted. Increasingly, though, Wall Street and large investors, including fund managers like BlackRock and Vanguard, two of Exxon’s largest investors, have signaled concerns about the risks to companies whose assets were based in fossil fuels that could lose significant value as climate policies and market forces reduce demand.
