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Institutional Investors and Shareholder Resolutions – A useful tool of engagement?

On 31 May 2017, Ceres.org reported that a 62% majority voted in favour of a shareholder proposal calling on ExxonMobil to ‘assess and disclose how it is preparing its business for the transition to a low-carbon future.’  This proposal was co-filed by institutional investors, including the New York State Common Retirement Fund and the Church […]

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