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Market Chatter: TotalEnergies Ordered to Disclose Climate Risks From Products

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TotalEnergies (TTE) must spell out the climate risks tied to emissions from its oil and gas products and detail how it plans to address them, the Paris Judicial Court ruled Thursday, Reuters reported, citing a summary of the decision.

The company is required to present a plan under a vigilance law to the court for review in six months, the report said.

The court did not mandate specific operational changes or set binding emissions-reduction targets, the report said.

TotalEnergies did not immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $78.76, Change: $+0.07, Percent Change: +0.09%

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