Equinor asa | Declare Norweigan Barents Sea as Voluntary Exclusion Zone and accelerate transition to renewable energy at Equinor ASA

Status
0.41% votes in favour
AGM date
Previous AGM date
Proposal number
14
Resolution details
Lead filer
Resolution ask
Adopt or amend a policy
ESG theme
  • Environment
ESG sub-theme
  • Climate change
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Energy
Company HQ country
Norway
Supporting statement
Shareholders Even Bakke, Bente Marie Bakke, Ketil Lund, Guttorm Grundt and Gro Nylander have proposed
the following resolution:
“1. Equinor should declare the Norwegian sector of the Barents Sea a Voluntary Exclusion Zone; no further
exploration nor test drilling will be conducted in this region by Equinor and its partners.
2. In the long term, Equinor will focus on its very profitable domestic business in the Norwegian sector
(excluding the Barents Sea) and greatly reduce their marginally profitable and lossmaking international
business in the US, Brazil and developing countries (we first proposed this 3 years ago).
3. Equinor will greatly accelerate its transition into renewable energy by utilizing its enormous income from
its oil and gas production in the Norwegian sector, as is called for with the current energy and political
crisis.”

DISCLAIMER: By including a shareholder resolution or management proposal in this database, neither the PRI nor the sponsor of the resolution or proposal is seeking authority to act as proxy for any shareholder; shareholders should vote their proxies in accordance with their own policies and requirements.

Any voting recommendations set forth in the descriptions of the resolutions and management proposals included in this database are made by the sponsors of those resolutions and proposals, and do not represent the views of the PRI.

Information on the shareholder resolutions, management proposals and votes in this database have been obtained from sources that are believed to be reliable, but the PRI does not represent that it is accurate, complete, or up-to-date, including information relating to resolutions and management proposals, other signatories’ vote pre-declarations (including voting rationales), or the current status of a resolution or proposal. You should consult companies’ proxy statements for complete information on all matters to be voted on at a meeting.