Chevron Corp. is preparing to defend itself against a potential activist challenge and met with representatives of the pro-environment fund which won three board seats at Exxon Mobil Corp. in June, the Wall Street Journal reported on Sept. 3, citing people familiar with the matter. The oil major shared some of its plans to cut carbon emissions during talks with the Engine No. 1 fund, the report said. The talks were described as cordial and the fund gave no indication that it would pursue a campaign against Chevron, the report added. Chevron plans to lay out more carbon-reduction targets and is also considering adding a new director with environmental expertise to its board, the Journal reported. Its shareholders had voted in favor of a proposal to cut emissions in May. The fund's success against Exxon Mobil spurred Chevron to communicate its energy transition plans, the Journal reported. Engine No.1 declined to comment.