Follow This Resolutions 2023
In this crucial decade, the world needs to halve emissions to limit warming to 1.5°and the oil and gas industry must keep pace with these reductions. Our climate resolutions support publicly listed oil and gas companies to set Paris-aligned targets to reduce all emissions (scope 1,2 and 3).
This season we refined our focus companies to five ‘super-majors’: Shell, BP, Exxon, TotalEnergies, and Chevron, which are some of the largest, most influential companies with significant impact on global emissions. These companies have not set meaningful targets for their Scope 3 emissions (approximately 90% of their emissions) for 2030. Therefore, our 2023 shareholder climate resolutions request medium-term Scope 3 emission reductions. Support for Paris aligned targets will provide these companies with a shareholder mandate to lead the energy transition, causing an industry-wide ripple effect. Â
