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TotalEnergies must report risks caused by emissions, Paris court rules

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TotalEnergies must report risks caused by emissions, Paris court rules
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A Paris court ruling requires TotalEnergies to disclose and address the climate risks linked to emissions from its oil and gas products. The French oil major must report the risks to climate change and outline plans to tackle them, according to the court decision released on Thursday, June 25. The case is described as a partial win for climate-focused NGOs that tried to apply France’s 2017 corporate duty of vigilance law to corporate climate impacts. However, the court did not order specific remedies such as restricting the company’s overseas exploration and production. TotalEnergies faces added scrutiny over how it communicates and manages emissions-related risk compared with other major European energy firms.

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