Exxon Mobil sues ESG investors' to keep climate proposals off shareholder ballot

Exxon Mobil filed a lawsuit on Sunday in a Texas court that seeks to block activist investors from bringing a climate proposal up for a vote during the company’s shareholder meeting in May. The lawsuit marks the first time Exxon has moved to block a shareholder proposal through a court complaint. The case was assigned to the U.S. District Court for the Northern District of Texas and has been assigned to Judge Reed O’Connor, an appointee of former President George W. Bush who has a record of ruling in favor ...