Energy

TotalEnergies to appeal French court decision ordering it to adapt its business to climate change

Photo caption: TotalEnergies logo

 

French oil major ​TotalEnergies (TTEF.PA) will appeal a Paris court decision ordering it ‌to bring its business in line with climate change goals.

The first-of-its-kind French ruling had found Total was responsible for the ​planet-warming emissions released when customers use its fuel ​products, under France’s corporate duty of vigilance law, ⁠and was seen as a victory for the ​climate campaigners who filed the suit.

Climate litigation against ​oil majors has produced mixed results in recent years. A landmark Dutch ruling ordering Shell (SHEL.L)  to cut emissions was later overturned on appeal ​and is under review by the Netherlands Supreme Court.

“The ​company considers, in line with the position taken by the ‌Public ⁠Prosecutor’s Office in these proceedings, that climate change, as a global phenomenon, does not fall within the scope of the duty of vigilance law,” TotalEnergies said ​in a statement.

“Imposing ​companies in ⁠energy, defense, aeronautics, or automotive sectors to control risks resulting from the use ​of their products by their customers ​does not ⁠appear to be consistent with the objectives of the law, or the principles of legal certainty and ⁠freedom ​to conduct business,” it added.

Once filed, ​TotalEnergies will argue its case before the Paris Court of Appeal.

 

 

 

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