The legal battle between ExxonMobil and shareholder group Follow This is front and center on BBC Radio's World Business Report, as green investors are on trial.
In a move with a potential chilling effect on shareholder activism, ExxonMobil has sued the climate group Follow This. As a result, the group has withdrawn its climate resolution.
ExxonMobil’s unprecedented legal action prompted Follow This to withdraw its climate resolution, fearing the oil giant's lawsuit could set a dangerous precedent.
De activistische aandeelhoudersgroep Follow This heeft haar klimaatresolutie ingetrokken, nadat oliemaatschappij ExxonMobil een rechtszaak tegen hen aanspande.
