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Article: Nation's Largest Public Pension Fund Joins Growing Group of Investors Pressuring Exxon Mobil on Global Warming

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U.S. Newswire
Article date:
May 29, 2007
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To: ENVIRONMENTAL EDITORS

Contact: Peyton Fleming of Ceres, +1-617-247-0700 ext. 20, +1-617- 733-6660 (cell); or Clark McKinley or Pat Macht of CalPERS, +1-916- 795-3991

DALLAS, May 29 /PRNewswire-USNewswire/ -- The California Public Employees Retirement System (CalPERS), which owns 30 million shares of ExxonMobil stock, has joined a group of more than two dozen institutional investors seeking the removal of Exxon Mobil board member Michael Boskin due to the company's inaction on the business risks from climate change. Boskin chairs the board's Public Issues Committee and his reappointment will be decided at the company's annual corporate meeting Wednesday in Dallas.

CalPERS, the nation's ...

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