Exxon Mobil Corporation | Litigation disclosure beyond legal and accounting requirements at Exxon Mobil Corporation
Status
AGM passed
AGM date
Previous AGM date
Proposal number
14
How other organisations have declared their voting intentions
Organisation name | Declared voting intentions | Rationale |
---|---|---|
Anima Sgr | For | As additional disclosure on the costs of the company's environment-related litigation would enable shareholders to understand and assess how the company is managing related risks. In the annual report, the company does not discuss litigation risks related to lawsuits that seek the company to pay for damages caused by climate change. It states that management has regular litigation reviews, including updates from corporate and outside counsel, and at this time, management does not believe the ultimate outcome of any currently pending lawsuits against ExxonMobil will have a material adverse effect upon the Corporation's operations, financial condition, or financial statements taken as a whole. However, additional disclosure on the costs of the company's environment-related litigation would enable shareholders to understand and assess how the company is managing related risks. |
VidaCaixa | For | |
Rothschild & co Asset Management | For |
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