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Shareholder motions demand Imperial Oil transparency on water risk, lobbying

Canadian Broadcasting Corporation: Imperial Oil Ltd. shareholders are seeking to force the company to be more transparent about its water-related risks from pollution and climate change, as well as its lobbying activities and expenditures.

A motion sponsored by Fonds de Solidarite des Travailleurs du Quebec, a $13.7-billion socially responsible investment firm, regarding water-related risks will be voted on at Imperial’s annual meeting on April 27.

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