(Bloomberg) Exxon Mobil Corp. filed a lawsuit against US and Dutch climate activist investors in an effort to remove what it describes as their “extreme agenda” from the ballot at its annual shareholder meetings, and force a stricter interpretation of SEC rule-making. Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHedge Funds Rake in Huge Profits Betting on Catastrophe RiskPutin Orders Hunt for Property of Russian Empire, Soviet UnionGloom Over China A
ExxonMobil is suing two activist investor groups in an attempt to block their climate proposals from going to a vote at the annual shareholder meeting.
Exxon Mobil Corp. filed a lawsuit Sunday against two of its own shareholders, asking the court to block a proposal by activist investors aimed at cutting the oil giant’s emissions. Two of Exxon Mobil’s shareholders, environmentalist investor groups Follow This and Arjuna Capital, put forth a motion in December that would force a vote on…