TotalEnergies to Appeal Court Order to Adapt Business to Climate Goals
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AI-Powered 60% FREE-ANALYSIS-RULE-BASED-ANALYSISFinancial market analysis indicating bearish sentiment based on current trends.
Article Context
TotalEnergies will appeal a landmark decision of the Paris Judicial Court from last month, which ordered the French supermajor to align its business to climate change goals as it held it responsible for climate change. In a statement on Monday, TotalEnergies said that it had decided to appeal the ruling, rendered under the French duty of vigilance law, arguing that “climate change, as a global phenomenon, does not fall within the scope of the duty of vigilance law.” The French supermajor also considers that “Imposing companies…
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Financial market analysis indicating bearish sentiment based on current trends.
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