Published: November 9th, 2023,
Last updated: May 28th, 2025

At least 107 of the world’s 425 largest fossil fuel extraction projects are operated by EU-based companies such as Total Energies, Shell, RWE and ENI or funded by large European banks. This is revealed in a report published on Tuesday by CAN Europe, Friends of the Earth Europe and other civil society organizations. They call for legally binding climate targets for companies and the EU financial sector in the EU’s Corporate Sustainability Due Diligence Directive (CSDDD).