Energy: general meeting under high voltage and behind closed doors for TotalEnergies

Activists holding up a placard that reads "total withdrawal from Russia".

© AP - Nicolas Garriga

Text by: RFI Follow

1 min

They denounce the presence of the Total group in Russia, but also its climate strategy.

In Paris, the general meeting of TotalEnergies was held under high tension and behind closed doors.

Police cordons and security guards were deployed at the entrance to the room.

Advertisement

Read more

Environmental demonstrators, allied with certain shareholders, blocked this morning - sitting on the ground and chained to each other - access to the Salle Pleyel where the group's AGM was to be held for the first time in two years. .

They were determined to influence the climate plan that the French energy giant wants to submit to shareholder votes.

►

: Why TotalEnergies' climate commitment disappoints shareholders

The GA ended in the early afternoon and the 200 environmental NGO activists then left the scene under police escort, also to applause, reports our special correspondent

. 

Record profits for fossil fuels

The group's GA could not be held face-to-face, and this is a cause for celebration for these NGOs.

For the rest, it's " 

" denounce these same NGOs.  

Patrick Pouyanné, CEO of the group, welcomed the record profits from fossil activities.

They continue to constitute the majority of TotalEnergies' activities.

As for the vote on the climate plan, that is to say the group's strategy, it was validated by the votes of shareholders this morning at 89%.

The pro-climate shareholder groups who voted against, there are eight of them, were not enough to tip the scales.

There is a long way to go internally to advance the group's strategy in line with the objectives of the Paris Agreement, namely a trajectory limiting global warming to 1.5° Celsius, but the fight continues, said one of its representatives. at the end of the vote this morning.

Newsletter

Receive all the international news directly in your mailbox

I subscribe

Follow all the international news by downloading the RFI application

google-play-badge_EN

• France

• Economy

• Raw materials