Résolutions climatiques d’initiative actionnariale : la France à la traîne

The document claims that France is lagging behind internationally in the use of shareholder climate resolutions during general meetings. It asserts that major companies like TotalEnergies and Vinci have discouraged investors by claiming such resolutions are inadmissible under corporate law, a position the author describes as a 'tactique de dissuasion'. The text calls for urgent intervention from the French government and supervisors before the 2022 general meetings to ensure legal certainty for investors seeking to align portfolios with climate goals.

• While climate resolutions filed by shareholders are increasing abroad, there is a significant lack of such initiatives in France due to companies claiming these resolutions are inadmissible.
• Major French companies TotalEnergies and Vinci have argued that shareholder climate initiatives exceed their role and are contrary to corporate law, a stance indirectly supported by the Association nationale des sociétés par actions.
• The US Securities and Exchange Commission (SEC) has recently confirmed that shareholders should be able to demand that companies take a position on their climate strategy and that such resolutions should not be dismissed based on management competence.
• The author asserts that the French government and supervisory authorities must act immediately to provide legal security for shareholder climate resolutions ahead of the 2022 general meetings.

APA

admin (2021). Résolutions climatiques d’initiative actionnariale : la France à la traîne. Reclaim Finance. https://reclaimfinance.org/site/2021/12/02/resolutions-climatiques-dinitiative-actionnariale-la-france-a-la-traine/

Chicago

admin. Résolutions climatiques d’initiative actionnariale : la France à la traîne. Reclaim Finance, 2021. https://reclaimfinance.org/site/2021/12/02/resolutions-climatiques-dinitiative-actionnariale-la-france-a-la-traine/.

Wikipedia

{{cite press release |last1=admin |title=Résolutions climatiques d’initiative actionnariale : la France à la traîne |publisher=Reclaim Finance |date=2 December 2021 |url=https://reclaimfinance.org/site/2021/12/02/resolutions-climatiques-dinitiative-actionnariale-la-france-a-la-traine/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{admin2021rsolutions, author = {admin}, title = {{Résolutions climatiques d’initiative actionnariale : la France à la traîne}}, publisher = {Reclaim Finance}, year = {2021}, month = dec, url = {https://reclaimfinance.org/site/2021/12/02/resolutions-climatiques-dinitiative-actionnariale-la-france-a-la-traine/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }