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ExxonMobil (XOM) Sues Activists, Blocks Climate Petition
埃克森美孚埃克森美孚(US:XOM) Zacks Investment Research·2024-01-23 01:56

Exxon Mobil Corporation (XOM) has filed a complaint in a Texas court to block a climate proposal by activist investors from going to a vote at the company’s shareholder meeting in May.This marks the first time that ExxonMobil has sought to exclude a shareholder proposal by resorting to legal action, signaling a potential shift in how corporations respond to investor-driven environmental initiatives.The complaint targets investors led by Arjuna Capital — a U.S. activist investment firm, and Follow This — a s ...