Investors and banks urged not to provide TotalEnergies with new debt financing

Fifty-eight non-profits have signed letters sent to investors and banks with exposure to TotalEnergies

Six major bondholders in oil and gas major TotalEnergies, along with a group of banks that have underwritten or facilitated some of the company’s bonds, are being urged by non-profits, including Reclaim Finance, the Rainforest Action Network and the Sierra Club, not to participate in new debt financing for the French company.