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Exxon shareholders approve climate-impact report in win for activists

Exxon Mobil Corp shareholders on Wednesday approved a proposal calling for the oil company to disclose the impact on its business of compliance with global climate change guidelines, an issue at the heart of a probe by two state attorneys general.

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Exxon shareholders approve climate-impact report in win for activists
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Exxon Mobil Corp shareholders on Wednesday approved a proposal calling for the oil company to disclose the impact on its business of compliance with global climate change guidelines, an issue at the heart of a probe by two state attorneys general.

A preliminary tally showed the non-binding proposal passed with 62.3 percent of ballots cast, the world's largest publicly traded oil company said. The sizeable increase over last year's 38 percent support for a similar report signaled the non-binding proposal was backed by at least some of Exxon's top institutional shareholders.

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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