TotalEnergies rejects shareholder resolution on climate

Reclaim Finance condemns TotalEnergies' decision to reject a shareholder resolution requesting Paris-aligned climate targets, arguing that the company's existing climate plan is incompatible with the 1.5°C goal and that its justifications for the rejection are fallacious.

• TotalEnergies rejected a shareholder resolution requesting the company to set climate targets aligned with the Paris Agreement, meaning no shareholder climate resolutions will be discussed at the Annual General Meeting on May 25th 2022.
• TotalEnergies' approach contrasts with at least seven other oil majors—BP, Shell, Equinor, Chevron, Exxon, Philipps66, and ConocoPhilipps—which will have shareholder climate resolutions tabled at their AGMs in 2022.
• Reclaim Finance asserts that TotalEnergies' proposed climate plan is incompatible with the Paris Agreement and the goal of limiting global warming to 1.5°C, and calls on shareholders to vote against it.

APA

admin (2022). TotalEnergies rejects shareholder resolution on climate. Reclaim Finance. https://reclaimfinance.org/site/en/2022/04/28/totalenergies-rejects-shareholder-resolution-climate/

Chicago

admin. TotalEnergies rejects shareholder resolution on climate. Reclaim Finance, 2022. https://reclaimfinance.org/site/en/2022/04/28/totalenergies-rejects-shareholder-resolution-climate/.

Wikipedia

{{cite press release |last1=admin |title=TotalEnergies rejects shareholder resolution on climate |publisher=Reclaim Finance |date=28 April 2022 |url=https://reclaimfinance.org/site/en/2022/04/28/totalenergies-rejects-shareholder-resolution-climate/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{admin2022totalenergies, author = {admin}, title = {{TotalEnergies rejects shareholder resolution on climate}}, publisher = {Reclaim Finance}, year = {2022}, month = apr, url = {https://reclaimfinance.org/site/en/2022/04/28/totalenergies-rejects-shareholder-resolution-climate/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }