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SEC warns investors on reporting obligations after 2021 climate push at Exxon
Seeking Alpha ·
Seeking Alpha reports: The Securities and Exchange Commission has warned asset managers and activist investors about their reporting obligations ahead of the 2027 proxy season, following a shareholder campaign in 2021 targeting Exxon Mobil . The campaign, led by activist hedge fund Engine No. 1, successfully unseated directors from Exxon's board in 2021 over the oil giant's climate strategy. Climate Action 100+, an investor initiative, had aligned with Engine No. 1 at the time. Engine No.…