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U.S.: ExxonMobil to Expand Reporting on Climate Change

Dec 12, 2017 | 22:44 GMT

(Stratfor)

The world's largest publicly traded oil and gas corporation, ExxonMobil, is changing its policies after taking heat from the company's shareholders. On Dec. 11, ExxonMobil announced that it will issue more disclosures to its shareholders on the impacts of climate change on business operations. According to the regulatory filing ExxonMobil made to the Securities and Exchanges Commission, the enhanced disclosures will include information on carbon footprints, energy demands and the implications of average temperatures rising more than 2 degrees Celsius globally. The change is a landmark, and similar changes in how publicly traded companies address climate change could follow....

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