NCF Joins 18 Other Institutional Investors to Press Exxon Mobil on Climate Change

The Nathan Cummings Foundation has joined 18 other institutional investors holding 91 million shares of Exxon Mobil stock to publicly press the oil giant to improve its governance practices and take action to address the risks and opportunities associated with climate change. In keeping with its focus on sustainable profits and active ownership, the Foundation co-filed proposal #15 on the Exxon Mobil proxy which asks the company to establish GHG emission reduction goals. This and other climate change proposals filed at Exxon were coordinated by Ceres, an NCF grantee.

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