ExxonMobil CEO Darren Woods said the company will be unable to continue doing business in the European Union, EU, if the government does not loosen the requirements on a sustainability law that would impose 5% fine on global revenue, Maha El Dahan of Reuters reports. “If we can’t be a successful company in Europe, and more importantly, if they start to try to take their harmful legislation and enforce that all around the world where we do business, it becomes impossible to stay there,” Woods told Reuters.
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