ExxonMobil’s 2020 proxy statement (for its annual shareholder meeting) has been filed with the Securities and Exchange Commission (SEC). It includes my shareholder proposal requesting that ExxonMobil be honest about the costs and benefits of its climate-related activities. ExxonMobil insists on lying — even though the SEC agrees with me. My proposal and ExxonMobil’s response are below.
If you are interested in the details of the battle between me and ExxonMobil at the SEC, here is the correspondence:
- ExxonMobil request to SEC for permission to exclude Milloy proposal from its 2020 proxy materials.
- Milloy response to ExxonMobil request.
- ExxonMobil supplemental letter to SEC.
- Milloy response to ExxonMobil supplemental letter.
- SEC decision (also see image below).