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LilMikeSF

California fund investment in called into question after oil company legal battles vs activist who hoped to urge corp away from & emissions.

The govt worker retirement plan owns a billion dollars worth of stock in the , which is only 0.2% of equity, yet treasurer said. “As the largest public in the country, we have a responsibility to lead on issues that threaten to undermine shareowners.”

ft.com/content/4c33cdcf-3914-4

Financial Times · US pension giant weighs vote against Exxon CEO over climate lawsuitBy Myles McCormick
May 10, 2024, 05:22 PM·Public·Web
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