Climate-Change Fears Prompt CIS Rebellion at Exxon

A major British institutional investor will tomorrow oppose the re-election of Lee Raymond as chief executive of ExxonMobil on “ethical grounds” at its annual meeting.

The challenge will be launched by the Co-operative Insurance Society (CIS) which says the world’s biggest stock-listed oil company talks down links between man-made CO2 emissions and climate change. Exxon, under Mr Raymond’s leadership, has lobbied against the Kyoto protocol on greenhouse gases and against the US government signing the treaty, the CIS believes.
The Guardian