{"id":32037,"date":"2017-06-10T10:07:17","date_gmt":"2017-06-10T10:07:17","guid":{"rendered":"http:\/\/www.biphoo.com\/bipnews\/?p=32037"},"modified":"2017-06-10T10:07:17","modified_gmt":"2017-06-10T10:07:17","slug":"blackrock-urges-exxon-disclose-climate-change-related-risks","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/business\/blackrock-urges-exxon-disclose-climate-change-related-risks.html","title":{"rendered":"BlackRock urges Exxon to disclose more about climate change-related risks"},"content":{"rendered":"<h2 style=\"text-align: justify\">\n\t<span style=\"font-size:22px\"><strong><span style=\"font-family:arial,helvetica,sans-serif\">BlackRock urges Exxon to disclose more about climate change-related risks<\/span><\/strong><\/span><br \/>\n<\/h2>\n<p style=\"text-align: justify\">\n\t&nbsp;\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">The world&#039;s largest asset manager BlackRock Inc (BLK.N) on Friday urged Exxon Mobil Corp (XOM.N) to &quot;enhance its disclosures&quot; regarding risks related to climate change.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">Less than two weeks ago, shareholders approved a measure calling for increased transparency on climate change, a resolution supported by BlackRock and other large institutional funds.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">BlackRock also said it requested to meet Exxon&#039;s independent directors over the past two years.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">However, the world&#039;s largest publicly traded oil company declined to make directors available, citing a non-engagement policy between board members and shareholders.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">BlackRock is Exxon&#039;s third largest investor with a more than 4 percent stake, according to Thomson Reuters data.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">Exxon was not immediately available for a comment.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"font-size:8px\"><span style=\"font-family:arial,helvetica,sans-serif\">Source:-&nbsp;http:\/\/www.reuters.com\/article\/us-exxon-mobil-climatechange-blackrock-idUSKBN19100N<\/span><\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/business\/blackrock-urges-exxon-disclose-climate-change-related-risks.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>BlackRock urges Exxon to disclose more about climate change-related risks &nbsp; The world&#039;s largest asset manager BlackRock Inc (BLK.N) on Friday urged Exxon Mobil Corp (XOM.N) to &quot;enhance its disclosures&quot; regarding risks related to climate change. Less than two weeks ago, shareholders approved a measure calling for increased transparency on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":32038,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[19796,7945,9866,19797,19798,19799],"class_list":["post-32037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blackrock-urges-exxon-to-disclose-more-about-climate-change-related-risks","tag-company-news","tag-energy-markets","tag-funds","tag-multiline-utilities","tag-utilities"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/32037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=32037"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/32037\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/32038"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=32037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=32037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=32037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}