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Guest Amanda Chehrezad

Urging Exxonmobil To Address Climate Change

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Guest Amanda Chehrezad   
Guest Amanda Chehrezad

On the 35th anniversary of the birth of the modern

environmental movement, Co-op America and conscience consumers are telling

ExxonMobil to listen to scientists, investors, and the concerned public to

take climate change seriously and invest in renewable energy.

 

This Earth Day Co-op America's Shareholder Action Program urges key

ExxonMobil Board Committee Chairs to override ExxonMobil's senior

management's lackluster response to this issue. Over 20,000 letters are

expected to be generated and delivered to the board at the annual meeting.

 

Co-op America's letter urges the Board of Directors at ExxonMobil to look

closely at climate change, since their CEO is failing to respond to climate

change and the company has become a target of boycotts, protests,

divestments, and shareholder action.

 

Alisa Gravitz, Co-op America's Executive Director, said, "We expect board

members to fulfill their duty and not simply rubber stamp ill-advised

opinions of senior management on the issue of climate change. We expect

board members to reduce ExxonMobil's climate change impact and join other

forward thinking energy companies and invest in renewable energy."

 

"The health of the planet is at stake, and so is the financial health of the

company. This is not a simple 'do-good' demand, as ExxonMobil shareholders

and consumers we care about the financial future of the company and if

ExxonMobil continues ignoring climate change they are exposing the company

to enormous risk," Gravitz said. Co-op America is encouraging people to

write letters and e-mails to Board Committee Chairs, which will then be

presented to them at the next ExxonMobil shareholder meeting in May. Sample

letters can be found at www.coopamerica.org.

 

Last year Co-op America's Shareholder Action Program presented Lee Raymond

with over 10,000 letters concerning his stance on climate change and now

they're going to the board with the hopes of awakening them to the threat of

global warming and the opportunities for ExxonMobil to act.

 

"Nearly everyone in the country buys gas from ExxonMobil or owns its shares,

often through mutual funds or 401(k) plans. So if you are an ExxonMobil

consumer or a conscience member of the public, you can join in this effort

to demand that ExxonMobil take responsibility for the health of the planet

and the company," Gravitz added.

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