In this April 23, 2018, file photo, the logo for ExxonMobil appears above a trading post on the floor of the New York Stock Exchange. Photo by: Associated Press/Richard Drew
NEW YORK (AP) ExxonMobil is facing a major challenge from a group of investors in one of the biggest fights a corporate boardroom has endured over its stance on climate change, an issue of rising urgency for many shareholders.
The investor group is pushing to replace four of the oil giant’s board members with executives they say are better suited to both strengthen the company’s finances and lead it through the transition to cleaner energy. The fight represents a moment of reckoning for major publicly traded companies to address a global crisis.
Board fight at Exxon intensifies spotlight on climate change
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Board fight at Exxon intensifies spotlight on climate change
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Board fight at Exxon intensifies spotlight on climate change
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