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SEC rejects Exxon Mobil bid to block shareholder proposal - VW,...

2016-03-27 12:38:11| Chemicals - Topix.net

The Securities and Exchange Commission has rejected Exxon Mobil's bid to block a shareholder proposal that would require it to disclose how its business will be affected by a 2-degree target limit on global warming. New York Comptroller Thomas DiNapoli, trustee of New York's $178.3 billion pension fund for public workers, joined with the Church of England's investment fund and others in filing the proposal to be included in proxy materials.

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