Third generation oil heiress Jane Dale Owen writes at Climate Progress:
As if to illustrate this point of no return, monster tornadoes raged across the middle of this country completely obliterating Moore, Oklahoma. Pieter Tans, a senior scientist in NOAA’s Global Monitoring Division told a New York Times reporter, “It symbolizes that so far we have failed miserably in tackling this problem.”
For years, responsible investor groups have called for ExxonMobil to address climate change. The company’s board of directors seems to hardly notice. Again this year, there are resolutions calling for greenhouse gas emissions goals.
But a major shift in shareholder resolution themes is emerging. 2013 shareholder resolutions call for ExxonMobil to disclose what the company is doing to adapt to extreme weather and climate change. This shift in resolution themes illustrates how neglecting to address climate change has contributed to a global crisis in which disasters are anticipated and preparedness for such events is a priority for any company’s business plan.