Financial Digest

Exxon shows climate activists a red rag

  • 📰 Breakingviews
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Exxon is showing shareholder climate activists a red rag AntonyMCurrie

The Securities and Exchange Commission on April 2 gave Exxon Mobil permission to exclude a climate change-related shareholder proposal from its proxy materials for its 2019 annual meeting.

The proposal, submitted by the New York State Common Retirement Fund, sought to prompt the company to set emissions targets “aligned with the greenhouse gas reduction goals established by the Paris climate agreement.” SEC Special Counsel Courtney Haseley said that the proposal would “micromanage” the company by seeking to impose complex policies in place of the judgment of the management and board.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 470. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cramer: The top Q1 performers indicate the market can run higherJim Cramer explains why the stocks of Exxon, Apple, United Technologies, and other names give insight into what's next for Wall Street. good gravy Jim, one day the market is going down the next it could run higher. you flip flop ALOT!
Source: CNBC - 🏆 12. / 72 Read more »