{"id":35510,"date":"2025-01-20T11:22:19","date_gmt":"2025-01-20T10:22:19","guid":{"rendered":"https:\/\/reclaimfinance.org\/site\/?p=35510"},"modified":"2025-01-22T11:29:02","modified_gmt":"2025-01-22T10:29:02","slug":"50-investors-urged-to-engage-with-totalenergies-and-its-partners-to-stop-the-papua-lng-project","status":"publish","type":"post","link":"https:\/\/reclaimfinance.org\/site\/en\/2025\/01\/20\/50-investors-urged-to-engage-with-totalenergies-and-its-partners-to-stop-the-papua-lng-project\/","title":{"rendered":"50 investors urged to engage with TotalEnergies and its partners to stop the Papua LNG project"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-margin-bottom:20px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1216.8px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\" style=\"--awb-content-alignment:justify;--awb-text-color:var(--awb-color4);--awb-text-font-family:&quot;Montserrat&quot;;--awb-text-font-style:normal;--awb-text-font-weight:700;\"><p>Copublished with Copublished by the Centre for Environmental Law and Community Rights (CELCOR, Papua New Guinea), Asian People\u2019s Movement on Debt and Development (APMDD), BankTrack, Japan Center for a Sustainable Environment and Society (JACSES), Jubilee Australia, Market Forces, Reclaim Finance, Solutions for Our Climate (SFOC) and Urgewald.<\/p>\n<\/div><div class=\"fusion-text fusion-text-2\" style=\"--awb-content-alignment:justify;--awb-text-color:var(--awb-color4);--awb-text-font-family:&quot;Montserrat&quot;;--awb-text-font-style:normal;--awb-text-font-weight:700;\"><p>A group of civil society organizations has sent a letter to 50 investors &#8211; including Amundi (Cr\u00e9dit Agricole group), Blackrock, Norges Bank Investment Management, Union Investment &#8211; that hold shares in the four owners of the Papua LNG project (TotalEnergies, ExxonMobil, Santos and ENEOS Xplora Inc). The organizations raise the alarm about the potential impacts of the Papua LNG project, operated by TotalEnergies, on climate, the rights of Indigenous peoples and biodiversity.<\/p>\n<\/div><div class=\"fusion-text fusion-text-3\" style=\"--awb-content-alignment:justify;\"><p>In their letter, they call on the 50 investors to:<\/p>\n<ul>\n<li>engage with the four companies to stop developing the Papua LNG project and other new fossil fuel projects all over the world,<\/li>\n<li>vote against re-elections of directors, remuneration and financial statements at the annual general meetings, to clearly oppose fossil fuel expansion plans,<\/li>\n<li>stop buying new bonds from these companies, in order to halt providing fresh capital that can be used to fund climate-wrecking projects.<\/li>\n<li>publicly define a time-bound escalation strategy for the four companies, with a complete divestment from shares and bonds as the last step of this strategy if the companies continue to develop new fossil fuel projects.<\/li>\n<\/ul>\n<\/div><div style=\"text-align:center;\"><a class=\"fusion-button button-flat button-medium button-custom fusion-button-default button-1 fusion-button-default-span fusion-button-default-type\" style=\"--button_accent_color:#ffffff;--button_border_color:var(--awb-color4);--button_accent_hover_color:#ffffff;--button_border_hover_color:#8fc84c;--button_border_width-top:2px;--button_border_width-right:2px;--button_border_width-bottom:2px;--button_border_width-left:2px;--button_gradient_top_color:rgba(138,197,107,0);--button_gradient_bottom_color:rgba(138,197,107,0);--button_gradient_top_color_hover:#8fc84c;--button_gradient_bottom_color_hover:#8fc84c;--button_margin-top:35px;--button_margin-bottom:35px;\" target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2025\/01\/Open-Letter-Requesting-to-Engage-with-TotalEnergies-ExxonMobil-Santos-and-ENEOS-to-stop-the-Papua-LNG-project.pdf\"><span class=\"fusion-button-text\">Read the letter<\/span><\/a><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1216.8px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-text-color:var(--awb-color1);--awb-margin-bottom:0px;\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;text-transform:uppercase;--fontSize:33;line-height:1.5;\">Read also<\/h2><\/div><div class=\"fusion-separator\" style=\"align-self: flex-start;margin-right:auto;margin-top:25px;margin-bottom:35px;width:100%;max-width:100px;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;--awb-sep-color:var(--awb-color4);border-color:var(--awb-color4);border-top-width:10px;\"><\/div><\/div><div class=\"fusion-blog-shortcode fusion-blog-shortcode-1 fusion-blog-archive fusion-blog-layout-grid-wrapper fusion-blog-no\" style=\"--awb-title-font-size:18px;\"><style type=\"text\/css\">.fusion-blog-shortcode-1 .fusion-blog-layout-grid .fusion-post-grid{padding:15px;}.fusion-blog-shortcode-1 .fusion-posts-container{margin-left: -15px !important; margin-right:-15px !important;}<\/style><div class=\"fusion-posts-container fusion-posts-container-no fusion-blog-rollover fusion-blog-layout-grid fusion-blog-layout-grid-3 isotope fusion-blog-equal-heights\" data-pages=\"96\" data-grid-col-space=\"30\" style=\"margin: -15px -15px 0;min-height:500px;\"><article id=\"blog-1-post-39135\" 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category-press-release acteurs_financiers-banks thematique-fossil-fuels programme-programme-1-fr\">\n<div class=\"fusion-post-wrapper\" style=\"background-color:rgba(255,255,255,0);border:1px solid #2a2b3d;border-bottom-width:3px;\">\n\n\t\t\t<div class=\"fusion-flexslider flexslider fusion-flexslider-loading fusion-post-slideshow\" style=\"border-color:#2a2b3d;\">\n\t\t<ul class=\"slides\">\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li><div  class=\"fusion-image-wrapper\" aria-haspopup=\"true\">\n\t\t\t\t<img decoding=\"async\" width=\"1125\" height=\"500\" src=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2025\/12\/financement-papua-lng.png\" class=\"attachment-full size-full wp-post-image\" alt=\"\" \/><div class=\"fusion-rollover\">\n\t<div class=\"fusion-rollover-content\">\n\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\t\t<a class=\"fusion-link-wrapper\" 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rel=\"author\">L\u00e9o Martin<\/a><\/span><\/span><span class=\"updated\" style=\"display:none;\">2025-12-31T12:32:05+01:00<\/span><a href=\"https:\/\/reclaimfinance.org\/site\/en\/category\/press-release\/\" rel=\"category tag\">Press Releases<\/a><span class=\"fusion-inline-sep\">|<\/span><\/p><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div>\n<\/article>\n<div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":26,"featured_media":35512,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[226],"tags":[],"acteurs_financiers":[2436],"thematique":[2423,2427],"webinar_type":[],"programme":[],"class_list":["post-35510","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","acteurs_financiers-investors","thematique-fossil-fuels","thematique-gas-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>50 investors urged to engage with TotalEnergies and its partners to stop the Papua LNG project - Reclaim Finance<\/title>\n<meta name=\"description\" content=\"A group of civil society organizations has sent a letter to 50 investors 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content=\"https:\/\/reclaimfinance.org\/site\/en\/2025\/01\/20\/50-investors-urged-to-engage-with-totalenergies-and-its-partners-to-stop-the-papua-lng-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Reclaim Finance\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ReclaimFinanceONG\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-20T10:22:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-22T10:29:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2025\/01\/LNG-pipeline.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1238\" \/>\n\t<meta property=\"og:image:height\" content=\"550\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"L\u00e9o Martin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ReclaimFinance\" \/>\n<meta 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