By Chris Prentice and Ross Kerber NEW YORK/BOSTON, Oct 7 (Reuters) - The US Securities and Exchange Commission disclosed in a report on Wednesday that it had investigated the actions of a climate group in connection with a May 2021 ExxonMobil shareho...
In the ExxonMobil case, however, the US authorities cautioned that they remained concerned about investor collaboration with the Climate Action 100+ coalition.
The SEC decided not to press charges against Climate Action 100+ for its performance on the ExxonMobil board of 2021, but warned that large shareholders must understand their regulatory obligations in view of the 2027 representation season.