Even as President Trump is reportedly readying to rip up the Paris climate agreement, ExxonMobil's shareholders voted Wednesday in favor of a proposal "calling on the oil and gas giant to assess and disclose how it is preparing its business for the transition to a low-carbon future," sustainability nonprofit Ceres reports. Over 62 percent of shareholders voted in favor of the climate report.
"This is an unprecedented victory at Exxon for investors in the fight to ensure a smooth transition to a low-carbon economy. Climate change is a risk to the core business of ExxonMobil, and the burden is now on the company to show that it is responsive to shareholder concerns," said New York State Comptroller Thomas DiNapoli.
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