TotalEnergies : ces actionnaires qui ont voté pour les reculs climatiques en 2025

Reclaim Finance reports that the vast majority of TotalEnergies' top shareholders voted in favor of management resolutions at the 2025 general assembly, including the re-election of directors and CEO remuneration. This support persists despite the company's decision to stop 'Say on Climate' votes and its increased investment in oil and gas projects, which Reclaim Finance describes as a 'climaticide' strategy that ignores IPCC and IEA recommendations for a 1.5°C trajectory.

• The majority of TotalEnergies' shareholders supported the company's leadership and financial strategy at the 2025 general assembly, with an average vote of 94.8% in favor of all resolutions proposed by management.
• TotalEnergies has shifted its investment strategy to prioritize fossil fuels, reducing forecasts for 'low carbon' investments while increasing the share of investments in new oil and gas projects for 2030.
• Management has restricted shareholder input on climate strategy by eliminating the 'Say on Climate' approval vote, despite 20% of shareholders opposing the climate plan in 2024.
• Most major shareholders approved dividend allocations and share buybacks, which Reclaim Finance argues prioritizes short-term financial gain over the energy transition; in 2024, the company allocated 4 dollars to shareholders for every 1 dollar invested in electricity production.
• A small number of shareholders took a contrary position: Union Investment, DEKA, and Ofi Invest AM voted against the re-election of director Lise Croteau, while Ostrum AM, La Banque Postale AM, and Ofi Invest AM voted against the CEO's remuneration.

APA

Manickawasagar, A. (2025). TotalEnergies : ces actionnaires qui ont voté pour les reculs climatiques en 2025. Reclaim Finance. https://reclaimfinance.org/site/2025/11/07/totalenergies-ces-actionnaires-qui-ont-vote-pour-les-reculs-climatiques-en-2025/

Chicago

Manickawasagar, Aatiraï. TotalEnergies : ces actionnaires qui ont voté pour les reculs climatiques en 2025. Reclaim Finance, 2025. https://reclaimfinance.org/site/2025/11/07/totalenergies-ces-actionnaires-qui-ont-vote-pour-les-reculs-climatiques-en-2025/.

Wikipedia

{{cite press release |last1=Manickawasagar |first1=Aatiraï |title=TotalEnergies : ces actionnaires qui ont voté pour les reculs climatiques en 2025 |publisher=Reclaim Finance |date=7 November 2025 |url=https://reclaimfinance.org/site/2025/11/07/totalenergies-ces-actionnaires-qui-ont-vote-pour-les-reculs-climatiques-en-2025/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{manickawasagar2025totalenergies, author = {Manickawasagar, Aatiraï}, title = {{TotalEnergies : ces actionnaires qui ont voté pour les reculs climatiques en 2025}}, publisher = {Reclaim Finance}, year = {2025}, month = nov, url = {https://reclaimfinance.org/site/2025/11/07/totalenergies-ces-actionnaires-qui-ont-vote-pour-les-reculs-climatiques-en-2025/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }