Economy

Exxon Mobil to begin publishing climate change risks

By John Siciliano
Published December 12, 2017 5:41pm ET
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Exxon Mobil to begin publishing climate change risks
The company will tell investors about "energy demand sensitivities, implications of two degree Celsius scenarios, and positioning for a lower-carbon future," according to a Securities and Exchange Commission filing. | (AP Photo/Matthew Brown)

U.S. oil giant Exxon Mobil will begin disclosing financial data related to climate change to investors, it said in a filing with the Securities and Exchange Commission late Monday.

The company revealed in the filing that its board of directors “has decided to further enhance the company’s disclosures” consistent with a proposed resolution, “and will seek to issue these disclosures in the near future,” according to the SEC filing.

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Climate Change ExxonMobil John Siciliano Oil Paris Agreement SEC