Energy giant Total wins shareholder support for climate targets

Energy giant Total wins shareholder support for climate targets
# 28 May 2021 19:55 (UTC +04:00)

Total, one of the world's biggest energy companies, on Friday won near-unanimous shareholder support for its long-term goals to fight climate change, APA reports citing France 24.

Only a tiny minority rebelled against the French company's plans at a shareholders' meeting, saying they fell short of what was needed to fight global warming.

Management's non-binding resolution, which followed similar moves at energy peers Chevron, ExxonMobil and Shell, secured 91.88 percent backing at the assembly.

Total's pledges include reaching net-zero emissions in its global businesses by 2050, as well as for all its customers in Europe.

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