TotalEnergies SE | Director votes at TotalEnergies SE

Status
Voted
AGM date
Previous AGM date
Proposal number
6
Resolution details
Company ticker
FP
Submitted by
Resolution ask
Strengthen board oversight of issue
ESG theme
  • Environment
ESG sub-theme
  • Net Zero / Paris aligned
Type of vote
Director vote
Filer type
Management
Company sector
Energy
Company HQ country
France
Whereas clause
The Church Commissioners has expressed their intention to vote AGANST directors up for vote at Total's upcoming 2023 AGM (proposal 6 - 9).
Supporting statement
The Church Commissioners, which manages the Church of England’s £10bn endowment fund, will vote against all directors at the upcoming AGM of Total in response to their failure to meet climate change objectives.

“High energy prices produced huge profits at oil and gas companies last year – a golden opportunity to invest very significantly in the transition to a low carbon economy, and one that was comprehensively missed,” said Olga Hancock, Acting Head of Responsible Investment at the Church Commissioners. “So we will be supporting all the relevant climate resolutions, and voting against all of their directors.”

For more details, access: https://www.churchofengland.org/media-and-news/press-releases/church-commissioners-vote-against-directors-exxon-occidental-shell
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