"Voters at Exxon Mobil Corp's annual meeting on Wednesday approved a measure to let minority shareholders nominate outsiders for seats on the board, meaning a climate activist could eventually become a director at the world's largest publicly traded oil company.
The so-called proxy access measure was the first Exxon shareholder proposal since 2006 to be approved, and it was the only one of 11 proposals related to climate change to pass at meetings held on Wednesday by Exxon and fellow U.S. major Chevron Corp (CVX.N).
This year's meetings were arguably the tensest ever, coming on the heels of the Paris accord to curb fossil fuel emissions and as New York's attorney general investigates allegations from environmentalists that Exxon misled the public about climate change risks."
Luc Cohen and Rory Carroll report for Reuters May 25, 2016.
SEE ALSO:
"Climate Change Activists Either Prod Exxon Mobil or Dump It" (New York Times)
"Exxon Mobil, Chevron Shareholders Reject Resolutions Aimed At Battling Climate Change" (NPR)
"Exxon, Chevron Shareholders Narrowly Reject Climate-Change Stress Tests" (Wall Street Journal)
"Exxon Investors Approve Changes to Make Board Access Easier" (Bloomberg)
"Exxon Rejects Shareholder Requests to Address Climate Change" (InsideClimate News)
"ExxonMobil CEO: Ending Oil Production 'Not Acceptable For Humanity'" (Guardian)
"Exxon Mobil Documents Call For A Thorough Investigation" (Houston Chronicle)
"Exxon Mobil’s Shareholders Meeting Was Totally Overrun By Climate Demands" (Grist)
"ExxonMobil Tried To Censor Climate Scientists To Congress During Bush Era" (Guardian)
"Hypersensitive Exxon Bans Guardian From AGM" (Guardian)
"Here’s Why Protesters At Exxon Shareholder Meeting Say They Came Out" (Dallas Morning News)
