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Energy Giants Come Under Shareholder Pressure on Emissions

Chris Hall

Most of the co-filers of the TotalEnergies proposal are members of investor coalition Climate Action 100+, which has been engaging with the firm since early 2017 to ensure alignment of emission reduction targets with a 1.5?C US shareholder action. Scope 3 emissions are indirect emissions that occur in a company’s value chain.

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Should businesses be legally required to set science-based targets?

We Mean Business Coalition

But with the world still off-track to achieve the Paris Agreement, should governments intervene? The telecommunications giant achieved verification in September 2017. At that point, the IPCC was yet to comprehensively outline the difference between the Paris Agreement’s two temperature pathways – 1.5C