Shareholders of oil group Total add climate goals to CEO\'s future pay

Shareholders of oil group Total add climate goals to CEO's future pay

Pouyanne's 2018 total salary compensation of 3.1 million euros ($3.5 million) was approved by a majority of shareholders
Shareholders of oil group Total add climate goals to CEO's future pay PARIS: Total's shareholders on Wednesday approved chairman and chief executive officer Patrick Pouyanne's 2018 and 2019 salary packages, and included climate change targets in his future pay deals.

Pouyanne's 2018 total salary compensation of 3.1 million euros ($3.5 million) was approved by a majority of shareholders. The 2018 pay was down 17% compared with last year.

For 2019, the shareholders approved the package which includes a fixed pay component of 1.4 million euros, the same as the previous year. The variable component could be up to 180% of the fixed component.

One of the targets to meet in the variable pay component is to lower greenhouse gas emissions from Total's oil and gas installations.

($1 = 0.8966 euros)