It just got harder for shareholders to push companies on climate

It just got harder for shareholders to push companies on climate

Five years ago, climate activists stunned corporate America by winning three seats on Exxon Mobil’s board. Similar revolts have forced some of the nation’s biggest companies to address climate change. Now, the federal regulator overseeing shareholder rights is making it harder for small investors to convey their concerns.  In November, the Securities and Exchange Commission, or SEC, announced that it would essentially stop weighing in on whether…