energy giant ExxonMobil will not be able to continue doing business in the European Union if the bloc does not significantly loosen a sustainability law that could impose fines of 5% of global revenue, Chief Executive Darren Woods said on Monday. Woods joins a growing number of energy producers urging European lawmakers to revise the Corporate Sustainability Due Diligence Directive, which requires companies doing business in the EU to identify and address human rights and environmental risks acRead More
