TotalEnergies Rebuffs Investor Calls For Steep Climate Cuts as Activists Clash With Police
- Climate activists protested outside TotalEnergies' shareholder meeting, calling for faster cuts to the fossil fuel company's emissions.
- Riot police deployed tear gas against the protesters outside the meeting in Paris.
- Shareholders rejected a resolution filed by climate groups demanding TotalEnergies align its climate targets with the Paris Agreement's more ambitious goal.
- The resolution received 30% of votes, up from 17% last year, showing growing investor concern about TotalEnergies' climate stance.
- TotalEnergies' CEO defended the company's existing climate goals but expressed regret over the heavy police response to protesters.