EnvironmentConocoPhillips shareholders back proposal to set Scope 3 targets
Reuters
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The logo for ConocoPhillips is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 13, 2020. REUTERS/Brendan McDermid/File Photo
A majority of shareholders at U.S. oil and gas producer ConocoPhillips (COP.N) on Tuesday voted in favor of setting emissions reduction targets that include the use of the company s fuels.
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.