EXXON TAKING MORE SHAREHOLDER HEAT ON ENVIRONMENT

Major stockholders of oil companies continue to pressure management on environmental vigilance. Perhaps the most noteworthy example is Exxon Corp., where a series of proposals on environmental issues advanced by large institutional shareholders promises to be the focus of heated debate at the company's Apr. 25 annual meeting in Houston. The latest such proposal, from the Washington State Investment Board (SIB), calls on Exxon to conduct an independent environmental audit of all its

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