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 17pc 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 180pc 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.