ExxonMobil’s market capitalization exceeds US$400 billion. Follow This, a Dutch climate activist group, controls shares in the oil supermajor that at last count were worth less than US$4000. Follow This has repeatedly tried to use its tiny holding as lever to force Exxon to expand pledges to cut greenhouse gas emissions. This year, the oil company has had enough.
The post ExxonMobil takes legal hammer to climate shareholder groups first appeared on Interfaith Center on Corporate Responsibility.