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Article: $900 Billion of Institutional Investors Pressure Exxon Mobil on Global Warming

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U.S. Newswire
Article date:
May 23, 2007
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To: ENERGY EDITORS

Contact: Peyton Fleming of Ceres, Boston, MA, +1-617-247-0700 ext. 20 or fleming@ceres.org; or Patrick Mitchell, +1-703-276-3266 or pmitchell@hastingsgroup.com, for Ceres, Boston, MA

DALLAS, May 23 /PRNewswire-USNewswire/ -- Two dozen leading institutional investors are pushing for the removal of Exxon Mobil board member Michael Boskin due to the company's inaction on the serious business risks from climate change.

About $900 billion of institutional investors today announced they are withholding support for Boskin's reappointment to the board due to his repeated refusals to meet with investors on the company's climate strategy. Since late 2005, Boskin has refused five ...

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