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Stock impact report

TotalEnergies, bp, Equinor and Shell Join Forces to Help Increase Access to Energy

TotalEnergies SE (TTE) 
Company Research Source: Business Wire
PARIS & LONDON & STAVANGER, Norway--(BUSINESS WIRE)--Regulatory News:TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), bp, Equinor and Shell announce a commitment to invest in support of the UN Sustainable Development Goal 7 (UN SDG7), which aims to ensure access to affordable, reliable, sustainable, and modern energy for all. The four energy majors have come together with a $500 million joint investment commitment, intended to create positive energy access impact for people in key regions over the coming years.A growing number of people without access to electricity and clean cookingDespite ongoing efforts, progress towards universal energy access has stalled, particularly amidst recent macroeconomic shocks and rising energy prices. In 2022, the number of people without access to electricity globally increased by around 10 million to 685 million.1 Additionally, approximately 2.1 billion people, primarily in sub-Saharan Africa and Southeast Asia, lack access to clean cooking facilit Show less Read more
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