A group of shareholders led by New York state and the Church of England is calling on ExxonMobil, the world’s largest listed oil company, to set targets for cutting its greenhouse gas emissions, in a sign of growing investor pressure on fossil fuel groups to address global warming. The institutions’ pension funds have filed a proposal for Exxon’s annual meeting next year, calling for its annual reports from 2020 to include targets for the short, medium and long-term on cutting emissions in line with the goal of the Paris climate agreement to keep the increase in global average temperature to “well below” 2C. Other investors with a total of $1.9tn under management, including HSBC Global Asset Management and Calpers, the California state employees’ pension fund, have signed on in support. The demands are similar to the plan for setting emissions reduction targets that was adopted by Royal Dutch Shell, Europe’s largest listed oil group, this month. Under chief executive Darren Woods, who took over at the start of 2017, Exxon has been doing more to address the issue of climate change, including setting targets for curbing its leaks of methane, a potent greenhouse gas. Following pressure from investors, it has also started publishing a report on the potential impact of climate policies on its business, and lifted its block on large shareholders meeting board directors.