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ShareAction targets Total over climate change position

UK-based movement for responsible investment ShareAction has launched a campaign to tackle French oil giant Total over its position on climate change.

A new website, offers members of the public the opportunity to email the company’s chief executive, Patrick Pouyanne, asking him to clarify the company’s position on climate change legislation, and to consider withdrawal from four trade associations that have lobbied in Europe against tough and binding climate legislation, ShareAction maintains. 

Patrick Pouyanne has made public statements previously saying Total wants “to be part of the solution” on climate change.

Catherine Howarth, chief executive of ShareAction commented: “It is time for Total to be clear on climate change. Does the company stand by its own words, or by the words of those who speak for it? If Total really wants to be part of the solution, it needs to distance itself from these associations who have been working to weaken climate legislation in the EU. Leaving is very achievable. We now want Total to show that its words about climate change are more than just hot air.” 

ShareAction | Europe | Shareholder activism

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