Thu Jul 6th, On Environmental Law, by Bick Law LLP
On May 31, shareholders of ExxonMobil Corp. (“Exxon”) approved a proposal that would require Exxon to publish an annual assessment of the long-term portfolio impacts of global climate change policies (the “Proposal”). Exxon joins two other major companies, Occidental Petroleum (“Occidental”) and PPL Corp. (“PPL”), where shareholders approved similar proposals requiring additional reporting on the business impacts of climate change policies. The proposals at Exxon, Occidental, and PPL all cite […]