Climate to Dominate European Majors’ AGMs

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Energy Transition Winners, Losers Start to Take Shape
  • European majors' annual general meetings (AGMs) will spotlight a raft of shareholder resolutions questioning the pace and adequacy of their energy transition strategies.
  • Instead of lofty goals for 2050, a growing number of investors support science-based plans including targets to cut greenhouse gas emissions in the next few years.
  • Shareholders will approach corporate in-house climate resolutions with caution to avoid blindly rubber-stamping complex transition plans with a simple yes/no vote.

The Issue

Corporate Strategy , ESG, CO2 Emissions
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