ExxonMobil , the largest global oil and gas producer , has said that it will publish new information about its exposure to climate change risks , in an effort to prevent a new proxy fight in 2018 . The company made the announcement in a filing to US securities regulators on Monday . Exxon ’s board had previously opposed providing such information to shareholders . Earlier this announcement , 62 % of shares voted in the company ’s annual report backed a resolution demanding Exxon publish a yearly report on such exposure . Exxon is currently under investigation for whether it misled the public and investors over climate change risks .
ExxonMobil, the largest US oil and gas producer, has said that it will publish new information about its exposure to climate change risks, in an attempt to prevent a new proxy fight in 2018. The company made the announcement in a filing to US securities regulators on Monday. Exxon’s board had previously opposed providing such information to shareholders. Earlier this year, 62% of shares voted in the company’s annual meeting backed a resolution demanding Exxon produce a yearly report on such exposure. Exxon is currently under investigation for whether it misled the public and investors over climate change risks.