Published on: 31 May 2017

The vote at Exxon, coupled with recent majority votes at Occidental Petroleum and PPL Corporation, represent a historic shift in investor support for climate risk disclosure... [T]he very largest investors in the world are challenging the companies representing some of their biggest holdings on this issue... In December, the international Financial Stability Board... endorsed 2-degree scenario analysis in its draft recommendations. Global consultancies McKinsey & Company, Deloitte,...Moody’s Investors Service,...BlackRock, Vanguard and Fidelity Investments have also added their names to the list of mainstream investors supporting such analysis and disclosure. Sue Reid, vice president of climate and energy at Ceres [said,] "Business as usual is no longer an option for carbon-intensive companies like Exxon." [refers to: PPL Corporation, Occidental Petroleum, McKinsey, Deloitte, Moody's, BlackRock, Vanguard, Fidelity Investments]