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TotalEnergies Says Paris Court Rejects Bid to Mandate Oil, Gas Output Cuts

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TotalEnergies (TTE) said Thursday the Paris Judicial Court rejected a bid by environmental groups and the City of Paris to block new oil and gas projects or force production cuts under France's duty of vigilance law.

The company said the court ruled that the law does not hold companies liable for climate risks arising from all human activity or authorize courts to set emissions reduction targets.

The court asked TotalEnergies to update its vigilance plan to include Scope 3 emissions, and the company said it will revise the plan using its sustainability report while assessing its next steps.

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