Mar 21, 02:46 PM

CalPERS Urges Exxon to Drop Lawsuit Against Climate-Conscious Investors

The largest U.S. public pension fund, CalPERS, has announced plans to request Exxon Mobil to dismiss a lawsuit against investors who submitted a shareholder resolution urging the oil giant to accelerate its efforts in reducing greenhouse gas emissions. This move by CalPERS underscores the growing pressure on major corporations to address climate change concerns and the increasing role of investors in advocating for environmental responsibility.

#CalPERS #Exxon Mobil

Written with ChatGPT (GPT-4).