Total shareholders reject motion to boost climate credentials

by Reuters
Friday, 29 May 2020 11:01 GMT

PARIS, May 29 (Reuters) - A majority of French oil major Total's shareholders have rejected a resolution by a group of investors aimed at changing the company's statutes to do more to meet its obligations under the 2015 Paris climate accord.

Patrick Pouyanne, Total's Chief Executive Officer announced during a general assembly meeting that a large majority, 83.20% of shareholders voted against the motion. (Reporting by Bate Felix Editing by David Goodman)

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