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US shareholders shine light on anti-climate change lobbying

Author: Ross Kendall, Ethical Investor (USA), Published on: 28 January 2014

American companies including Chevron, Exxon Mobil and Pfizer have been asked to review their lobbying activities related to energy and climate change policy, as part of a new campaign [led] by Walden Asset Management...American Electric Power, Chevron, Conoco, Devon Energy, Dominion Resources and Exxon Mobil [have received the resolution, which]...call[s] for an analysis of a company’s public policy positions and whether a company’s lobbying and expenditures...are blocking or advancing action to address climate change. The resolutions are also directed at any funding provided by companies to trade or industry associations that are also directed at lobbying against policies to address climate change. A second set of resolutions also target companies, including Pfizer, involved with lobbying state-based governments...

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Related companies: American Electric Power Chevron ConocoPhillips Devon Energy Dominion Resources ExxonMobil Pfizer