The significance of say-on-climate resolutions - Part 2: The consequences of heavily criticized climate strategies at TotalEnergies and Royal Dutch Shell
Under pressure by multiple shareholders and organisations, and
after facing shareholder resolutions in previous AGMs, Royal Dutch
Shell and TotalEnergies submitted their climate strategy at the
2021 AGM.
While receiving a high level of support, both remain heavily
criticized.
In this second part of our series on the significance of Say-on-climate resolutions, we will show the similarities between the situation at Shell (facing legal issues) and what is coming for TotalEnergies, where the climate strategy failed to convince some french investors, organizations and local authorities.
For the full report, download here
IHS Markit provides industry-leading data, software and technology platforms and managed services to tackle some of the most difficult challenges in financial markets. We help our customers better understand complicated markets, reduce risk, operate more efficiently and comply with financial regulation.
This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.