ConocoPhillips shareholders back proposal to set Scope 3 targets [Reuters]
ConocoPhillips (COP)
Last conocophillips earnings: 4/30 07:00 am
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US:NYSE Investor Relations:
conocophillips.com/investor-relations/investor-presentations
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Source: Reuters
Few U.S. producers have set so-called Scope 3 targets, which take into account greenhouse gas emissions from customers using the fuel they have purchased, although their European counterparts have done so. ConocoPhillips is among those that so far has outlined net-zero 2050 goals for Scope 1 emissions, which include its own operations, and Scope 2 emissions, which take into account the power generation to run its facilities. The shareholder measure passed by 58%. Directors “will take the outcome of this vote into account when evaluating our management of climate-related risks,” said ConocoPhillips General Counsel Shannon Kinney. The company opposed the resolution, saying it “does not control who processes our crude oil, what energy products they are transformed into, nor how those products are made, marketed and used.” Advertisement “Conoco cannot ignore this request from its shareholders,” said Mark van Baal, founder of shareholder advocacy group Follow This, which submi
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COP
Earnings
- 2/8/24 - Beat
COP
Sec Filings
- 3/26/24 - Form 144
- 3/26/24 - Form 4
- 3/26/24 - Form 4
- COP's page on the SEC website