Engine No. 1’s big win over Exxon shows activist hedge funds joining fight against climate change

May 26, 2021 Ali Anwar

Date of Publication: May 26, 2021

Author: Mark DesJardine & Tima Bansal

Summary:

Engine No. 1 convinced other shareholders to support at least two of its nominees to join the company’s board as part of its push for a stronger sustainability strategy at Exxon.

Link to Full Reading:

https://theconversation.com/engine-no-1s-big-win-over-exxon-shows-activist-hedge-funds-joining-fight-against-climate-change-159983