FOR IMMEDIATE RELEASE:
September 20, 2016
Today, the SEC announced an investigation into ExxonMobil’s climate change exposure and accounting practices.
Statement of CIEL President Carroll Muffett:
Add this to the long list of questions that ExxonMobil needs to answer – to investors, to regulators, and to humanity.
For those investors still waiting for proof that climate change is a material risk: consider yourselves on notice.