For Immediate Release

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Jason Schwartz, jason.schwartz@greenpeace.org, 347.452.3752  

Greenpeace Responds NY AG allegations that Exxon Uses Different Internal/External Numbers

WASHINGTON - In response to news that New York Attorney General Eric Schneiderman has alleged that ExxonMobil used differing estimates for the cost of carbon to mislead investors, and that employees destroyed documents and deleted crucial emails, Greenpeace Climate Liability Project Lead Naomi Ages said: 

These allegations reveal what many of us already claimed: Exxon has been deceiving the public and its own investors on climate change for years. If Exxon was saying one thing to the public and its shareholders about climate risk while basing its internal decisions on entirely different information, it could certainly amount to fraud. 

This is Exxon’s second embarrassment this week, after the public rebuke it suffered at the hands of its shareholders for willfully ignoring technological advances and the risk of climate change. Exxon CEO Darren Woods may believe his company doesn’t need to adapt to a rapidly changing world, but law enforcement, institutional investors, and the American public disagree.

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