Church of England rallies investors in Exxon fight, returns 17 percent
A discreet investment fund under the Church of England was at the very center of the matter when Exxon was voted down by shareholders this May, demanding more focus on climate change.
BY LAURA COLBY, BLOOMBERG MARKETS
President Donald Trump may have quit the Paris climate accord, but shareholders are not going to let carbon-producing US companies off the hook. Witness the investor victory over Exxon Mobil Corp. management on May 31, a day before the Trump decision.
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