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Climate | 14th November 2016

ClientEarth Investor Briefing Exxon sued in US for allegedly misleading investors on climate risk
Climate
Rule of law
Climate finance

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ClientEarth Investor Briefing Exxon sued in US for allegedly misleading investors on climate risk

The world’s largest oil and gas company has been accused of making false and
misleading statements relating to the impact of climate change on its business, and
consequently materially overstating the value of its oil reserves, artificially inflating the
company’s value. This development should be of interest to investors who hold shares in Exxon and other US (and potentially UK) listed corporations in the oil and gas sector.

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