GLOBAL - Institutional shareholders in energy giant ExxonMobil, representing US$55bn in stock, claimed victory this week after record numbers voted in favour of a shareholder resolution against the company's position on global warming.
The resolution which pressed ExxonMobil to adopt a plan for renewable energy resources won just over 20% of the vote. A similar resolution last year garnered around 9%. Commenting, Peter Altman ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here