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Investors push ExxonMobil to declare portfolio climate risks

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Report summary

At ExxonMobil's AGM on May 31st, shareholders backed by 62% a resolution put forward by activist investors to force the company to declare how it will prepare for a lower-carbon future. The ExxonMobil resolution follows only a few weeks after a similar vote passed at Occidental's AGM. Pressure is now likely to mount on other companies to disclose their exposure to climate risks.

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    Investors push ExxonMobil to declare portfolio climate risks

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