The activist resolution obtained 30.44% of votes, up from a 17% vote share result in 2020, the last time a similar resolution was put forth
shareholders rejected an activist resolution on Friday urging faster cuts to the oil major’s greenhouse gas emissions program after climate protesters sought to disrupt its annual general meeting.
The smell of tear gas from earlier clashes hung in the air as police escorted shareholders and dragged some protesters away to free a path. All those attending the meeting were required to place phones in sealed satchels for its duration. Energy Minister Agnes Pannier-Runacher told France Info radio on Friday that oil and gas companies needed to “re-invent themselves” and would have no future unless they could map a path out of fossil fuels.
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