Engie priorise ses actionnaires au detriment de la sortie du gaz fossile
Summary
Reclaim Finance criticizes Engie for paying record dividends of 4.1 billion euros in 2023 while continuing to expand its fossil gas infrastructure, including LNG imports and new power plants in the Netherlands, Belgium, and Chile.
Key insights
- Engie paid record dividends of 4.1 billion euros to shareholders in 2023 and plans to pay 3.5 billion euros in 2024, which Reclaim Finance argues comes at the expense of exiting fossil gas.
- The company is pursuing a gas expansion strategy that includes importing US shale gas through contracts extending beyond 2040 and developing new gas power plants in Chile, Belgium, and the Netherlands.
- The planned gas power plant in Nijmegen, Netherlands, intended to operate until 2045, is viewed as incompatible with the 1.5°C warming limit and the Dutch government's goals to decarbonize electricity by 2035 and reach 95.5% renewables by 2040.
Cite the original document
- APA
- Laurent, A. (2024). Engie priorise ses actionnaires au detriment de la sortie du gaz fossile. Reclaim Finance. https://reclaimfinance.org/site/2024/02/23/engie-priorise-ses-actionnaires-au-detriment-de-la-sortie-du-gaz-fossile/
- Chicago
- Laurent, Antoine. Engie priorise ses actionnaires au detriment de la sortie du gaz fossile. Reclaim Finance, 2024. https://reclaimfinance.org/site/2024/02/23/engie-priorise-ses-actionnaires-au-detriment-de-la-sortie-du-gaz-fossile/.
- Wikipedia
- {{cite press release |last1=Laurent |first1=Antoine |title=Engie priorise ses actionnaires au detriment de la sortie du gaz fossile |publisher=Reclaim Finance |date=23 February 2024 |url=https://reclaimfinance.org/site/2024/02/23/engie-priorise-ses-actionnaires-au-detriment-de-la-sortie-du-gaz-fossile/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{laurent2024engie, author = {Laurent, Antoine}, title = {{Engie priorise ses actionnaires au detriment de la sortie du gaz fossile}}, publisher = {Reclaim Finance}, year = {2024}, month = feb, url = {https://reclaimfinance.org/site/2024/02/23/engie-priorise-ses-actionnaires-au-detriment-de-la-sortie-du-gaz-fossile/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated