A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, May 15, 2021.
Kathleen Flynn | Reuters
Activist firm Engine No. 1 after winning three board seats at Exxon is meeting with other oil companies in its climate change fight, a source familiar told CNBC’s David Faber.
The hedge fund has spoken with executives at several oil and gas corporations including Chevron, the source familiar told CNBC.
Engine No. 1 may not necessarily target Chevron in its next challenge, or target any company at all, according to the source.
Chevron confirmed the meeting with Engine No. 1 to CNBC.
“We have contingency plans to respond to many different types of events, including an activist…
Source cnbc.com