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ExxonMobil blocks green activists’ attempt to seek strategy vote

Climate group drops petition for shareholder vote on targets following oil company’s court complaint

ExxonMobil has quashed an attempt by a group of climate activists to seek a vote on the US oil company’s climate strategy at its annual shareholder meeting later this year.

A Dutch green activist investor group, Follow This, has dropped its petition for Exxon shareholders to vote on whether the company should set emissions reduction targets after Exxon took legal action against the plans.

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