Imperial Oil (IMO) has shared an update.
At Imperial Oil Limited’s annual shareholder meeting, all seven board director nominees were successfully elected, each receiving overwhelming majority support. Additionally, PricewaterhouseCoopers LLP was reappointed as the company’s auditor, while a shareholder proposal concerning a climate transition impact report was notably defeated. These decisions reflect the shareholders’ confidence in the current management and skepticism towards new climate-related reporting obligations.
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