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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.
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Document type: Statement
TotalEnergies: the shareholders who voted for climate backsliding in 2025
Reclaim Finance reports that the vast majority of TotalEnergies' top global, European, and French shareholders approved management resolutions at the 2025 annual meeting, including CEO remuneration and director re-election. The analysis highlights a disconnect between these votes and science-based climate recommendations, noting that TotalEnergies remains the 6th largest oil and gas field developer globally as of 2024 and has increased planned oil and gas production. While a few shareholders like Union Investment and Ofi Invest AM voted against specific strategic resolutions, the overall average approval rate for management proposals was 94.8%. Reclaim Finance criticizes shareholders for prioritizing short-term financial returns, such as dividends and share buybacks, over the energy transition.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Statement