add to: Digg | Del.icio.us | Furl | Spurl | Blinklist | Reddit

7 8 greats greats   great! great!

PRESS RELEASE ExxonMobil Shareholders Confront Management Over Global Warming Inaction source: Natural Resources Defense Council | Jun 01, 07 | submitted by Pat Coate

Washington, D.C., USA - In a startling rebuke to company management, an unprecedented number of ExxonMobil shareholders today voted in favor of a resolution that calls on the company to set global warming emission targets for both its products and its operations. Thirty-one percent of those voting at the annual shareholder meeting in Dallas said it was time for the company to start addressing the business and environmental challenge.

"The market is moving while management at ExxonMobil is standing still. It's time for them to take this challenge seriously." - David Hawkins, NRDC director

"When nearly one-third of shareholders vote to tell management to develop a program to cut emissions, this is a strong signal of discontent with the company's do-nothing posture on global warming," said David Hawkins, director of the Climate Center at the Natural Resources Defense Council (NRDC). "ExxonMobil executives should be listening more carefully to their shareholders, and also paying closer attention to what their competitors are doing."

For instance, ExxonMobil competitors -- including BP, ConocoPhillips, and Shell -- are all members of the U.S. Climate Action Partnership, a coalition of leading corporations and environmental organizations calling on Congress to deliver concrete global warming emissions limits (see www.us-cap.org/).

"The market is moving while management at ExxonMobil is standing still," Hawkins said. "It’s time for them to take this challenge seriously."

Article has been adapted from a news release issued by Natural Resources Defense Council.

post a comment

name: from: (i.e. San Francisco)

remember my information notify me by email of follow-up comments?

email: (optional) - required for new comment notification

submit the word you see below:

how you can help

more great press releases

• Massive Numbers Of Critically Endangered Western Lowland Gorillas Discovered In Republic Of Congo
• Innovative methods bring quality schooling to poor children in Indonesia
• Calion Lumber donates 2,900-acre easement to conserve old-growth forest along Ouachita River
• Researchers find new gene linked to breast cancer
• Amazon deforestation rates significantly down; WWF urges tighter forest policies
• Bolivia: Child-friendly schools give hope to a young girl
• EPRI-NRDC Report Finds Environmental Benefits of Deploying PHEVs
• UNICEF emergency supplies reach flood victims in Myanmar