{"id":6524,"date":"2017-05-30T22:22:17","date_gmt":"2017-05-30T22:22:17","guid":{"rendered":"https:\/\/cbisonline.com\/us\/?p=6524"},"modified":"2021-11-30T12:07:33","modified_gmt":"2021-11-30T12:07:33","slug":"cbis-rallies-investor-support-for-proposal-on-climate-disclosure-at-exxonmobil-annual-meeting","status":"publish","type":"post","link":"https:\/\/cbisonline.com\/us\/cbis-rallies-investor-support-for-proposal-on-climate-disclosure-at-exxonmobil-annual-meeting\/","title":{"rendered":"CBIS Rallies Investor Support for Proposal on Climate Disclosure at ExxonMobil Annual Meeting"},"content":{"rendered":"<p>On Wednesday, May 31st, Assistant Director of Catholic Responsible Investing Tracey Rembert will be speaking at ExxonMobil\u2019s (Ticker: XOM) annual meeting and urging fellow shareholders to support Proposal 12 on the ballot, which encourages ExxonMobil to improve disclosure regarding the resilience of its reserves and strategy under a 2\u00b0 C business environment. This request aligns with the primary goal of the Paris (climate) Agreement, which ExxonMobil supports. CBIS co-filed the shareholder resolution, along with 53 other institutions representing $5 trillion in assets under management, and helped mobilize faith-based and large institutional investors globally to support the request.<\/p>\n<p>The Interfaith Center on Corporate Responsibility (ICCR) issued a press release urging shareholders to vote \u201cYes\u201d on the proposal. \u201cExxonMobil is still banking on an energy future that looks a lot like the past,\u201d said Tracey Rembert, Assistant Director of Catholic Responsible Investing. \u201cYet technological disruption, climate policy, and increasing weather extremes may derail that dated vision&#8211;possibly within the lifespan of some of the company&#8217;s existing oil and gas projects.\u201d You can view the full <a href=\"http:\/\/bit.ly\/2qyoUZF\">press release<\/a> online.<\/p>\n<p>ExxonMobil is hosting a live webcast of the annual meeting. If you are interested in joining the webcast, <a href=\"http:\/\/exxonmobil.co\/2rC6NpR\">click here<\/a> to view the event.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Wednesday, May 31st, Assistant Director of Catholic Responsible Investing Tracey Rembert will be speaking at ExxonMobil\u2019s (Ticker: XOM) annual meeting and urging fellow shareholders to support Proposal 12 on the ballot, which encourages ExxonMobil to improve disclosure regarding the resilience of its reserves and strategy under a 2\u00b0 C business environment. This request aligns [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[52],"tags":[],"class_list":["post-6524","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CBIS Rallies Investor Support for Proposal on Climate Disclosure at ExxonMobil Annual Meeting | CBIS | Catholic Socially Responsible Investment Solutions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cbisonline.com\/us\/cbis-rallies-investor-support-for-proposal-on-climate-disclosure-at-exxonmobil-annual-meeting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBIS Rallies Investor Support for Proposal on Climate Disclosure at ExxonMobil Annual Meeting | CBIS | Catholic Socially Responsible Investment Solutions\" \/>\n<meta property=\"og:description\" content=\"On Wednesday, May 31st, Assistant Director of Catholic Responsible Investing Tracey Rembert will be speaking at ExxonMobil\u2019s (Ticker: XOM) annual meeting and urging fellow shareholders to support Proposal 12 on the ballot, which encourages ExxonMobil to improve disclosure regarding the resilience of its reserves and strategy under a 2\u00b0 C business environment. 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