ExxonMobil refuses to disclose climate reality to shareholders

I have re-filed my 2019 shareholder proposal with ExxonMobil. The proposal (below) requests the company to disclose the actual costs and benefits associated with its climate actions. I discussed my proposal with ExxonMobil officials last week and they asked for specific disclosure language. Yesterday, I proposed a black-box disclosure (below) for all their climate-related documents and discussions. My disclosure is simply a recognition of emissions reality. ExxonMobil rejected it virtually immediately. As a result, I will get to lecture ExxonMobil CEO Darren Woods at the annual meeting in May and shareholders will get to vote on my proposal.

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