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Amid oil industry profits and anti-ESG campaigns, proxy votes see less support

oil proxy votes

Environmentally focused resolutions are getting double-digit support, but less than similar proposals had in 2022.

Big investors appear to be showing less support for environmentally focused shareholder resolutions this year, with a handful of votes at oil companies being rejected by wide margins.

That was evident with proxy votes this week at ExxonMobil and Chevron that sought to push the oil companies to ex

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