Protest at Amundi’s Office
Over 170 climate activists were arrested outside the Paris headquarters of Amundi, a major TotalEnergies shareholder, after members of Extinction Rebellion disrupted the company’s annual general meeting.
Arrests and Altercation
The French police arrested 173 people who had gathered outside Amundi’s office. The activists forced their way into the building, damaging property and causing injuries to security staff.
Protest Against TotalEnergies
Activists criticized TotalEnergies for its plans to develop new oil fields, including the controversial East African Crude Oil Pipeline in Uganda and Tanzania.
Greenpeace’s Banner
Greenpeace activists displayed a ‘Wanted’ banner targeting TotalEnergies’ chief Patrick Pouyanne during the company’s annual meeting. The banner was later removed by the police.
Shareholder Support
Despite some shareholders expressing concerns about TotalEnergies’ response to climate change, most supported the company’s strategy and CEO. However, there was a decrease in support compared to the previous year.
TotalEnergies’ Position
CEO Patrick Pouyanne defended the need for developing new oil fields to meet global demand, citing the growing population and potential consequences of insufficient fossil fuel output.
Climate Activists’ Accusations
Climate activists have accused TotalEnergies of contributing to global warming and biodiversity destruction through its oil and gas activities. The decision to proceed with the EACOP project has been criticized as a ‘murderous path’.