Equinor ASA | Approval of remuneration for the company’s external auditor for 2022 at Equinor ASA

Status
99.99% votes in favour
AGM date
Previous AGM date
Proposal number
17
Resolution details
Company ticker
EQNR (previously Statoil)
Submitted by
-
Resolution ask
Strengthen board oversight of issue
ESG theme
  • Environment
ESG sub-theme
  • Remuneration or pay
Type of vote
Accounts/reports, auditor appointment or ratification
Filer type
Management
Company sector
Energy
Company HQ country
Norway
Resolved clause
"Sarasin & Partners has expressed their intention to ABSTAIN from voting on this proposal at Equinor ASA's upcoming 2023 AGM.

""We welcome the climate-focused key audit matter and commentary on climate under other key audit matters. However, we remain concerned over the lack of commentary on how CCS costs are accounted for; how production forecasts are consistent with decarbonisation and the lack of adjustment to the cost of capital. We expect all of these would have a bearing on its assessment of the veracity of the accounts. We would also welcome more clarity on how EY determined the 1.5˚C sensitivity provided a reliable view of Equinor’s exposure to this accelerated decarbonisation pathway.""

For more details, access: https://sarasinassetmanagement.com/stewardship-post/equinors-2023-agm-how-we-are-voting-for-net-zero/#storeinvestor"

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