Investors pressure Exxon for lagging on climate change
Seventeen leading U.S. pension fund and other institutional investors controlling $658 billion in assets are pushing for a face-to-face-meeting with independent members of the Exxon Mobil board of directors as a result of growing financial world concerns that Exxon Mobil is “a company that fails to acknowledge the potential for climate change to have a profound impact on global energy markets, and which lags far behind its competitors in developing a strategy to plan for and manage these impacts.”


