By Neil Roland ( October 7, 2026, 21:29 GMT | Insight) -- The US Securities and Exchange Commission “has serious concerns” about coordination among BlackRock, State Street and other funds in the attempted ouster of some ExxonMobil directors in 2021, but stopped short of bringing an enforcement action, a staff report said. The report, released Wednesday, said the agency’s concerns extended to members of a formal organization called the Climate Action 100+ (CA100) coalition that was “focused on engaging 168 of the largest corporate greenhouse gas emitters to reduce emissions.”The US Securities and Exchange Commission “has serious concerns” about coordination among BlackRock, State Street and other funds in the attempted ouster of some ExxonMobil directors in 2021, but stopped short of bringing an enforcement action, a staff report said....
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