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Exxon, Chevron Shareholders Narrowly Reject Climate Change Stress Tests
May 25, 2016
Despite the defeat, the proposals drew more support than any contested climate-related votes in the history of the two biggest U.S. oil and gas companies.
Ceres Statement on Exxon and Chevron Shareholder Votes
May 25, 2016
Today’s strong votes at Exxon and Chevron send a powerful message that investors see climate change as a material financial risk, which underscores the ongoing momentum post-Paris and urgency to prepare for a low-carbon transition.