USW Calls for, Wins Greater Accountability on ExxonMobil Lobbying
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PITTSBURGH, May 27, 2021 /PRNewswire/ The United Steelworkers (USW) said that ExxonMobil (NYSE: XOM) shareholders yesterday approved a resolution introduced by the USW and seven co-filers calling for the company to disclose which organizations it supports for lobbying efforts, a necessary step in providing greater worker safety and corporate accountability. Shareholders face a dark money blind spot when the company fails to disclose its trade association payments used for lobbying, especially when these lobbying efforts contradict with ExxonMobil s public position, said Ricky Brooks, a member of USW Local 13-2001 who introduced the resolution. Disclosure of the company s payments to trade associations and social welfare groups that influence public policies will allow shareholders to assess the company s management of risks.
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