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The Church Commissioners for England played a leading role in a shareholder rebellion at the Annual General Meeting of ExxonMobil.
NEWS / Edward Mason from the Church Commissioners for England, commenting on the Exxon Mobil AGM
Edward Mason, Head of Responsible Investment for the Church Commissioners for England comments on today’s annual shareholder meeting at ExxonMobil.
Edward Mason, Head of Responsible Investment for the Church Commissioners for England, will present two shareholder proposals - for an independent chairman and a board matrix - at the ExxonMobil AGM today in Dallas.
Institutional investors with more than $6trn of assets under management have declared that they will support a shareholder proposal urging ExxonMobil to disclose the impact of climate change policy on its business.
Institutional investors with more than $10tn of combined assets under management are supporting a shareholder proposal urging ExxonMobil to improve its disclosure of the impact of climate change policies on its business, despite Exxon's board recommending a vote against.
The Church Commissioners for England made the following statement following ExxonMobil’s AGM.
STATEMENT / The Church Investors Group (CIG) has informed FTSE 350 companies, ahead of this year’s AGM season, that it will take a tougher voting line where reform on key issues is deemed to be too slow.
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The Church Investors Group (CIG or the Group), representing 70 members and £21bn in assets, has this week written to the leaders of FTSE 350 companies to inform them that it will be enhancing its scrutiny of corporates ESG aspects this AGM season.