Once again this year, dissident ExxonMobil stockholders have filed several resolutions with the company asking it to be more forthright in addressing the climate crisis.
Submitted months before Exxon’s annual meeting in May, by a twist of fate it also helps set the stage for Wednesday, when Rex Tillerson, Exxon’s former chief executive and Donald Trump’s pick to become secretary of state, appears at a Senate confirmation hearing.
At the hearing, Tillerson’s critics are likely to connect the dots between his stance on climate change as the head of the oil giant and how he would approach the problem as the nation’s top diplomat, in light of the global climate treaty that Trump has opposed.
And that may mean Tillerson finds himself facing questions about the treaty’s goals that shareholders have pressed him about before.
Most of the seven shareholder resolutions filed under Exxon’s deadline in recent days resemble those the company vehemently opposed in recent years under Tillerson’s leadership.
They ask Exxon to add a board member with environmental expertise; disclose funding of lobbyists and organizations dedicated to influencing climate policy; and to explain in detail how the company might align its business with a low-carbon economy.
Exxon is expected to oppose those resolutions, as it has consistently for more than two decades…….. https://insideclimatenews.org/news/11012017/exxon-shareholders-climate-change-rex-tillerson
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