IGN AB Ignitis Grupe

 
TIDMIGN 
 

Dear managers of energy companies,

The war that Russia started in Ukraine a year ago has had disastrous effects, first and foremost, on the people of Ukraine, who have had to flee their homes or forgo even the basics of a life with dignity: no electricity, no heating in winter, and no water supply, not to mention the buildings that have been destroyed and the lives that have been taken.

This war has also affected energy markets. Because of Russia's actions, natural gas prices soared to unprecedented heights in 2022, and electricity prices on European exchanges rose dramatically. All of this led to hundreds of billions of dollars in additional profits at energy companies, the result not of investments or business strategies, but of higher prices because of the war.

Today, we submitted a proposal to Ignitis Group's Annual General Meeting of Shareholders to allocate around 10% of last year's additional profit as aid to recover and reconstruct energy infrastructure of Ukraine.

We urge you to follow suit and earmark part of your 2022 profits for Ukraine. We believe sharing profits with the country that is suffering the consequences of the war that has led to those profits is morally the right thing to do.

All together we can do more. If each of us contributes, we can significantly help this embattled country and speed up its recovery.

Ignitis Group CEO Darius Maikšt nas

Letter sent:

 
Exxon Mobil Corp 
TotalEnergies SE 
Equinor ASA 
Chevron Corp 
Shell 
ConocoPhillips 
E.ON SE 
Eni S.p.A. 
Canadian Natural Resources Ltd 
BP p.l.c. 
EOG Resources, Inc 
Suncor Energy Inc 
Electricité de France SA 
ENGIE SA 
Repsol, SA 
Polski Koncern Naftowy ORLEN Spólka 
 Akcyjna 
OMV Aktiengesellschaft 
Iberdrola, SA 
Enel SpA 
Devon Energy Corp 
Occidental Petroleum Corp 
Pioneer Natural Resources Co 
Neste Oyj 
MOL Hungarian Oil & Gas Co 
Marathon Petroleum Corp 
Fortum Oyj 
Ørsted A/S 
Naturgy Energy Group, SA 
Centrica plc 
Chesapeake Energy Corp 
Valero Energy Corp 
Diamondback Energy, Inc 
RWE Aktiengesellschaft 
Continental Resources, Inc 
Polska Grupa Energetyczna SA 
APA Corp 
Aker BP ASA 
EnBW Energie Baden-Württemberg 
 AG 
Tourmaline Oil Corp 
VERBUND AG 
HF Sinclair Corp 
Veolia Environnement SA 
Coterra Energy Inc 
CEZ, a. s. 
Delek Group Ltd 
Range Resources Corp 
Galp Energia, SGPS, SA 
SSE plc 
Endesa S.A. 
National Grid plc 
Terna Energy 
Redes Energeticas Nacionais S.A. 
Neoen 
Tauron Polska Energia 
Latvenergo 
Eesti Energia 
 
 
 

(END) Dow Jones Newswires

February 28, 2023 03:40 ET (08:40 GMT)

AB Ignitis Grupe (LSE:IGN)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

AB Ignitis Grupe (LSE:IGN)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024