Posted inCorporate Social Responsibility Exxon Mobil Corp Greenhouse Gas Emissions Oil (Petroleum) and Gasoline Securities and Exchange Commission Shareholder Rights and Activism Suits and Litigation (Civil)
Exxon Sues to Prevent Climate Proposal From Shareholder Vote
The complaint, filed in a U.S. District Court in Texas, said a proposal by activist investors calling for the oil giant to cut emissions faster would not create shareholder value.