More than 1,600 companies identified by non-profit platform CDP as having the biggest impact on the environment are not disclosing environmental data, it said as it launched its latest campaign to get firms to provide the information.
Exxon said it had a plan "to reduce emissions to support a net-zero future while growing value for our shareholders and stakeholders."
CDP works to help small groups of lead shareholders target companies and ratchet up pressure on boards to listen, said Claire Elsdon, CDP's joint global director of capital markets. Since it launched in 2017, CDP has expanded the universe of companies it targets for data disclosure. That has meant the number of non-disclosing companies targeted this year is higher than in its 2022 campaign.
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