18:59:04 EDT Thu 31 Oct 2024
Enter Symbol
or Name
USA
CA



Imperial Oil Ltd
Symbol IMO
Shares Issued 584,152,718
Close 2023-05-08 C$ 62.57
Market Cap C$ 36,550,435,565
Recent Sedar Documents

Globe says Suncor, rivals hear call for climate debate

2023-05-09 08:46 ET - In the News

See In the News (C-SU) Suncor Energy Inc

The Globe and Mail reports in its Tuesday, May 9, edition that Canadian photographer Edward Burtynsky is urging corporations to help depoliticize the climate crisis amid a growing partisan backlash against environmental issues that is particularly pronounced in the United States. The Globe's Rita Trichur writes that Mr. Burtynsky wants business leaders to use their clout to ensure that Canadian society remains aligned on transitioning to a low-carbon economy. Mr. Burtynsky argues the environment is being wrongly framed as a leftist issue by some Republican lawmakers. They include Florida Governor Ron DeSantis. Mr. Burtynsky says Corporate Canada should use its influence to prevent the climate crisis from being miscast as a partisan issue in our country. In Canada 34 shareholder proposals on climate issues have been filed with corporations so far in 2023 versus just two proposals 10 years ago. Mr. Burtynsky has conversed with chief executives officers about the need for a "just transition." This year marks the 20th anniversary of the first climate-change shareholder proposal that pushed Imperial Oil to report on a potential financial liability related to its greenhouse gas emissions.

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