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ExxonMobil investors reject all sustainability-related proposals amid legal tensions

Several shareholders have spoken out against Exxon's legal offensive, considered a tactic of “intimidation and bullying”.
Melodie Michel
ExxonMobil investors reject all sustainability-related proposals amid legal tensions
Photo by Justin on Unsplash

All four sustainability-related proposals were rejected during ExxonMobil’s annual general meeting (AGM) yesterday, as the oil major continues its legal offensive against activist shareholders.

Just 2% of shareholders voted in favour of a proposal to include GHG emissions reduction goals into executive pay incentives, while 20% voted for the publication of a report on gender and race-related pay disparities. 

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