Monday 5 February 2018

EXXON REPORT TO SHAREHOLDERS - OUR BUSINESS IS SOUND

This article explains that Exxon has stated that the company believes that policies to combat climate change will have a minimal effect on their business. Apparently some green activist shareholders demanded that the company should let the shareholders know about this, expecting the company to conclude that they would be seriously affected, only to read the very opposite. No doubt they will now complain that the report is wrong and must be re-appraised to reach the conclusion they want. 

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