Equinor puts transition plan to shareholders

Firm aims to make global operations carbon-neutral by 2030

Norwegian state-owned Equinor will submit its energy transition plan to shareholders for an advisory vote at its next annual general meeting in May, and then subsequently once every three years. The firm’s management will give a progress report to shareholders annually on the plan to reach net-zero scope one, two and three emissions by 2050. It will announce short- and medium-term plans for achieving its net-zero ambitions at a capital markets day on 15 June. 4-6GW – Targeted renewable energy capacity by 2026 Equinor’s move comes after Shell submitted its plan to achieve net-zero emissions by 2050 to shareholders, who will vote on the strategy next month. Equinor has pledged to make