US oil company ExxonMobil sues investors to block climate petition
World Business Report - A podcast by BBC World Service
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ExxonMobil - one of the one of the world's largest publicly traded international oil and gas companies, has filed a lawsuit against two investment groups that have proposed a shareholder vote on new climate targets. Follow This, an activist-investor fund in Amsterdam, and Arjuna Capital, an investment adviser, want Exxon to speed up its reduction of carbon emissions. However, the oil giant says the investors are driven by “an extreme agenda”.Also, we will find out why Australia has stopped taking applications for Golden Visas and how a new Malaria vaccine will increase GDP in Africa.