LGIM to oppose re-election of ExxonMobil chair

On the 05.14.20 at 8:11AM


Tuba Raqshan

The UK asset manager voiced its significant concerns about ExxonMobil’s approach to climate change, political lobbying and board independence.

Ahead of Exxon’s annual general meeting on 27 May in Texas, USA, LGIM said that it will take the unusual step of pre-declaring its intention to vote against the re-election of the Exxon board chair.

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