shareholder proposal · 2022
Christian Brothers Investment Services at Exxon Mobil Corporation
Seek an audited report assessing how applying the assumptions of the International Energy Agency's Net Zero by 2050 pathway would affect the assumptions, costs, estimates and valuations underlying the company's financial statements, including long-term commodity and carbon prices, remaining asset lives, future asset retirement obligations, capital expenditures and impairments, published by February 2023.
What happened
Result: 51.0 percent in favor at the May 25, 2022 annual meeting: 1,212,862,208 for, 1,167,183,242 against, 241,366,778 abstentions and 763,701,622 broker non-votes. It was item 8 on the ballot. ExxonMobil reports percentages on votes cast, and under New Jersey law abstentions are not votes cast. Grist reported 52 percent on the day from preliminary figures.
Shareholders win majority support for climate proposals at Exxon, Chevron, Grist, 2022-05
Who is involved
- Christian Brothers Investment Services filer
- ExxonMobil company
What this campaign is about
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