Investors Challenge 18 Oil And Gas Companies

BOSTON, Feb. 08 /CSRwire/ - Leading U.S. investors today announced they have filed shareholder resolutions with Exxon-Mobil, Chevron, Chesapeake Energy, ConocoPhillips and 14 other oil and gas companies, pressing them to disclose their plans for managing environmental and workplace challenges such as hydraulic fracturing, greenhouse gas emissions and worker safety.

“The common thread of these resolutions is stronger management focus on environmental and social challenges that will have real bottom line impacts,” said Mindy Lubber, director of the Investor Network on Climate Risk (INCR) and president of Ceres, which helps coordinate the filings. “These investors are telling companies they expect to see real progress on climate change, clean energy and other sustainability fronts, despite the policy paralysis in Washington.”

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