ExxonMobil's annual shareholder meeting is May 30, 2007. If you own Exxon shares, you have a special opportunity to make a difference. Below are three resolutions on this year's ballot that address global warming and renewable energy which you should know about.
- ITEM 5 - BOARD CHAIRMAN AND CEO
Shareholders urge the Board of Directors to take the necessary steps to amend the by-laws to require that, whenever possible and subject to any presently existing contractual obligations of the Company, an independent director shall serve as Chairman of the Board of Directors, and that the Chairman of the Board of Directors shall not concurrently serve as the Chief Executive Officer. Read the rationale. - ITEM 15 - GREENHOUSE GAS EMISSIONS GOALS
Shareholders request that the Board of Directors adopt quantitative goals, based on current technologies, for reducing total greenhouse gas emissions from the Company's products and operations; and that the Company report to shareholders by September 30, 2007, on its plans to achieve these goals. Such a report will omit proprietary information and be prepared at reasonable cost. Read the rationale. - ITEM 17 - RENEWABLE ENERGY INVESTMENT LEVELS
Shareholders request that ExxonMobil's Board adopt a policy of significantly increasing renewable energy sourcing globally, with recommended goals in the range of between 15%-25% of its energy sourcing by between 2015-2025. Read the rationale.
If you would like to know what happens at the meeting in Dallas, TX but cannot attend, you can appoint a person to go in your place. You will still be solely responsible for voting.
Click here to sign up to appoint someone to represent you at the ExxonMobil shareholder meeting
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