{"id":16460,"date":"2021-05-06T12:26:00","date_gmt":"2021-05-06T12:26:00","guid":{"rendered":"https:\/\/www.aequo.ca\/?p=16460\/"},"modified":"2025-01-20T15:20:24","modified_gmt":"2025-01-20T20:20:24","slug":"a-majority-of-shareholders-ask-imperial-oil-to-adopt-a-net-zero-emissions-target","status":"publish","type":"post","link":"https:\/\/aequo.ca\/en\/a-majority-of-shareholders-ask-imperial-oil-to-adopt-a-net-zero-emissions-target\/","title":{"rendered":"A Majority of Shareholders Ask Imperial Oil to Adopt a Net-Zero Emissions Target"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The shareholder proposal submitted by B\u00e2tirente, with the support of \u00c6quo, to the Imperial Oil shareholder asked the company to aim for net-zero greenhouse gas (GHG) emissions by 2050. This has garnered exceptional support of 58% of the minority shareholders, but was not accepted because Exxonmobil, which controls 69.6% of the votes, did not support it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Jean Philippe Renaut, CEO of \u00c6quo, said that &#8220;Even though the company claims it is &#8216;premature to make such a commitment\u2019 shareholders have made it clear that they do not see it that way.&#8221; He specifies that \u201cThe scientific consensus is clear; we must quickly reduce our absolute emissions and reach zero net emissions by 2050. From this year onward, the company must reduce its carbon footprint, in line with national and international ambitions &#8211; or gradually reduce its activities &#8220;.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As noted in the proposal presentation \u201cAs Imperial Oil has overcome many challenges in its 140-year history and faces one of its greatest challenges to date, it must make a long-term commitment to decarbonize its operations and ultimately its products in order to continue to create value for shareholders and other stakeholders\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00c6quo is continuing its constructive dialogue with Imperial to align activities with GHG reduction imperatives and the Paris Agreement.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The shareholder proposal submitted by B\u00e2tirente, with the support of \u00c6quo, to the Imperial Oil shareholder asked the company to aim for net-zero greenhouse gas (GHG) emissions by 2050. This has garnered exceptional support of 58% of the minority shareholders, but was not accepted because Exxonmobil, which controls 69.6% of the votes, did not support&#8230;<\/p>\n","protected":false},"author":3,"featured_media":17985,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[34],"tags":[],"class_list":["post-16460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A Majority of Shareholders Ask Imperial Oil to Adopt a Net-Zero Emissions Target | \u00c6quo<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aequo.ca\/en\/a-majority-of-shareholders-ask-imperial-oil-to-adopt-a-net-zero-emissions-target\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Majority of Shareholders Ask Imperial Oil to Adopt a Net-Zero Emissions Target | \u00c6quo\" \/>\n<meta property=\"og:description\" content=\"The shareholder proposal submitted by B\u00e2tirente, with the support of \u00c6quo, to the Imperial Oil shareholder asked the company to aim for net-zero greenhouse gas (GHG) emissions by 2050. This has garnered exceptional support of 58% of the minority shareholders, but was not accepted because Exxonmobil, which controls 69.6% of the votes, did not support...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/aequo.ca\/en\/a-majority-of-shareholders-ask-imperial-oil-to-adopt-a-net-zero-emissions-target\/\" \/>\n<meta property=\"og:site_name\" content=\"\u00c6quo\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-06T12:26:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-20T20:20:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/aequo.ca\/wp-content\/uploads\/2021\/05\/2021-05-06-scaled-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin_aequo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta 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