Climate change takes centre stage at Exxon and Chevron AGMs
More proposals up for vote as environmental concerns once considered peripheral by investors become mainstream
Wed, May 25, 2016 - 5:50 AM
The tension is most acute at Exxon, which has denied accusations from environmentalists that it misled the public on climate change risks. The New York attorney-general is investigating the company.
EXXON Mobil Corp and Chevron Corp will face their toughest-ever push by shareholders concerned about a warming world at their annual general meetings (AGMs) on Wednesday, as the Paris accord to tackle climate change ratchets up investor pressure on two of the world's largest oil...