In a rather significant move, ExxonMobil has lodged a complaint against Arjuna Capital LLC and Follow This. The company seeks a declaratory judgment to exclude a climate-related shareholder proposal from its 2024 annual meeting proxy statement. This proposal is pushing for Exxon to expedite the reduction of GHG emissions while disclosing new plans, targets, and timetables.
The post ExxonMobil Reports Stellar Q4 Earnings and Challenges Activists’ Climate Proposal first appeared on Interfaith Center on Corporate Responsibility.