Published: November 8th, 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 financed by major European banks. This is shown in a report published on Tuesday by CAN Europe, Friends of the Earth Europe and other civil society organizations. They are calling for legally binding climate targets for companies and the EU financial sector in the EU Due Diligence and Corporate Social Responsibility Directive (CSDDD).