Exxon Mobil Corp. faces a May 29 vote on a shareholder resolution demanding more transparency in corporate political spending, especially on trade associations and “dark” money groups.
The resolution would require Exxon to compile and post on its website a semiannual report on its corporate political contributions and expenditures, both direct and indirect. It also would have to post company policies related to political spending. Activists want to know how much Exxon is spending, for example, to fight climate change regulations.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]