NEW YORK (AP) — Exxon Mobil’s shareholders have voted to replace at least two of the company’s 12 board members with directors who are seen as better suited to fight climate change. They new directors are expected to bolster Exxon’s finances and guide it through a transition to cleaner energy. The preliminary outcome of the vote was announced by the company after its annual shareholder meeting. The outcome represents a setback for Exxon’s leadership. It coincides with growing pressure on publicly traded companies to more urgently revamp their businesses to address what critics see as a intensifying global crisis.
The post At least 2 Exxon board members lose seats in climate fight appeared first on WEEK.