Exxon Confronts Nuns, Calpers Over Global Warming Plans, Boskin

Exxon Mobil Corp., the world’s largest oil company, faces growing criticism from investors who say it’s lagging behind competitors in addressing global warming.

The Sisters of Saint Dominic, a Roman Catholic order in New Jersey, want shareholders at today’s annual meeting to approve a proposal for setting targets on greenhouse-gas reductions. The California Public Employees’ Retirement System, the biggest U.S. public pension fund, seeks to oust Michael Boskin, the Exxon director who runs the board committee responsible for environmental issues.

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