Total CEO Patrick Pouyanne at a shareholder meeting in 2016
Total approves new company name and strategy
Firm gets shareholder approval for change in name and a climate strategy with interim targets
Total shareholders today voted to approve an update to the firm’s climate plan and change in name from Total to TotalEnergies. Shareholders voted in favour of the resolution on the firm’s climate plan by 91.88pc and in favour of the resolution to change the firm’s name by 99.88pc. The company’s overall plan now commits it to become net zero across scope one, two and three emissions by 2050, with three separate interim targets for 2030. The first interim target requires the company to reduce net scope one and scope two emissions (including carbon sinks) by at least 40pc below 2015 levels by 2030. 100GW – Target renewable capacity by 2030 The second requires the firm to reduce the ca
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