Statement of CIEL President Carroll Muffett on SEC announcement of investigation into ExxonMobil’s climate change exposure and accounting practices

FOR IMMEDIATE RELEASE:
September 20, 2016

Today, the SEC announced an investigation into ExxonMobil’s climate change exposure and accounting practices.

Statement of CIEL President Carroll Muffett:

Add this to the long list of questions that ExxonMobil needs to answer – to investors, to regulators, and to humanity.

For those investors still waiting for proof that climate change is a material risk: consider yourselves on notice.