Equinor asa | Present strategy for real business transformation to sustainable energy production at Equinor ASA

Status
0.36% votes in favour
AGM date
Previous AGM date
Proposal number
17
Resolution details
Lead filer
Individual
Resolution ask
Adopt or amend a policy
ESG theme
  • Environment
ESG sub-theme
  • GHG targets / emissions
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Energy
Company HQ country
Norway
Supporting statement
“The board will present a strategy for real business transformation to sustainable energy production, thus reducing shareholder risk and ensuring shareholder value etc. The strategy is assumed to be based on the following intermediate objectives: 1. Full phasing out of all exploration activity and exploratory drilling for fossil energy resources on the Norwegian continental shelf and abroad by 2024. 2. Full phasing out and divestment of oil and gas business abroad by 2026. 3. Reinvestment of all freed-up assets from the divestment of business abroad in the development and production of renewable energy by 2028. 4. Investment of EUR 1 billion in the development and production of renewable energy in Ukraine. The strategy, including environmental impact assessment, to be presented to the 2023 annual general meeting.”

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