World’s Top Sovereign Fund Slams Exxon’s Lawsuit Over Climate Proposals ...Middle East

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World’s Top Sovereign Fund Slams Exxon’s Lawsuit Over Climate Proposals
Exxon’s lawsuit against two activist investor groups over climate resolutions is “very aggressive,” according to the world’s biggest sovereign wealth fund, which is a top ten shareholder in the U.S. supermajor.   Last month, ExxonMobil sued two activist investor groups in a Texas district court, aiming to block their climate proposals from going to a vote at the annual shareholder meeting later this year in the first such direct complaint to court instead of to the SEC. Exxon sued U.S. activist investor Arjuna…

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