Suncor Energy Inc T.SU

The Empire Strikes Back

[mrbb]

Exxon Mobil files lawsuit against activist investors over climate (msn.com)

[Williamsj]

With this remarkable step, ExxonMobil clearly wants to prevent shareholders using their rights," Follow This' Mark van Baal said in a statement. "Apparently, the board fears shareholders will vote in favour of emissions reductions targets.

[JeffyY]

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[Experienced]

We need to put this into perspective. The two environmental groups want XOM to put a provision into their proxy statement that would require XOM to follow Scope 3 emissions goals.  XOM is the only one of the five major US oil companies that doesn't follow Scope 3. From XOM's perspective such a motion has already been voted on by shareholders in a previous annual meeting and