Exxon Mobil's management will face a big challenge over its climate change policies at an annual shareholder meeting on Wednesday as activists contest the election of one-third of the company's board.
When it comes to whom they vote for and what they buy, more and more people are factoring environmental sustainability into their decisions. And industries are responding.
Christopher Hohn's activist hedge fund TCI has outlined plans to punish directors of companies that fail to disclose their carbon dioxide emissions in a move that underlines rising investor concerns over climate change and the pressure on boardrooms to respond.