ExxonMobil Investors Demand Climate Change Resolutions

Author: Nicholas Aster — Published: Jun 01, 2005 at 3:40 am 0 comments

Backed by over 28% of ExxonMobil's largest shareholders (Over $80 billion in market value), including the CalPERS and CalSTRS public pension funds in California, and the Institutional Shareholder Services (ISS), a resolution that the company’s board of directors undertake a comprehensive review on how it will meet the greenhouse gas reductions targets in countries participating in the Kyoto Protocol was requested yesterday.

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