Asset managers accused of 'disturbing hypocrisy' at ExxonMobil AGM

James Phillips
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Asset managers accused of 'disturbing hypocrisy' at ExxonMobil AGM

Some of the world's biggest fund managers voted against a shareholder resolution to force ExxonMobil to assess financial risks posed by climate change.

The resolution at the 27 May annual general meeting (AGM) called for the American oil and gas company to publish an annual assessment of the long-term portfolio impacts of a two-degree scenario. The...

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