Targets Climate

2030 worldwide targets (Scope 1+2):

• Reduce GHG emissions (Scope 1+2) of operated facilities from 46 Mt CO2e in 2015 to less than 40 Mt CO2e by 2025. By 2030, the target is a reduction of at least 40% of the net emissions compared to 2015 for its operated activities, i.e., 25 to 30 Mt CO2e
• Improve by an average of 1% per year the energy efficiency of operated facilities since 2010
• Reduce methane emissions from operated facilities by 50% between 2020 and 2025 and by 80% between 2020 and 2030.
• Maintain the intensity of methane emissions at less than 0.1% of commercial gas produced at operated gas.
• Reduce routine flaring to less than 0.1 Mm3/d by 2025, with the goal of eliminating it by 2030.

Facts:

• A GHG emission reduction (Scope 1+2) of the operated facilities from 46 Mt CO2e to 37 Mt CO2e excluding the COVID-19 effect between 2015 and 2021
• 13% improvement in energy efficiency between 2010 and 2021
• Methane emissions already reduced by 50% between 2010 and 2020 and by 23% between 2020 and 2021
• A methane intensity of less than 0.1% for operated gas facilities
• More than 90% reduction in routine flaring between 2010 and 2021

2030 worldwide targets (Scope 3):

• Reduce Scope 3 GHG emissions related to its customers' use of energy products to less than 400 Mt CO2e, which is a level lower than in 2015, despite the growth of its energy production in the coming decade;
• Reduce Scope 3 GHG emissions from the petroleum products sold worldwide by more than 30% compared to 2015.
• Reduce the average carbon intensity of energy products used by customers by more than 20% compared to 2015. By 2025, the target reduction is at least 10% (Scope 1+2+3).

Facts:

• Scope 3 GHG emissions limited to 400 Mt CO2e excluding the COVID-19 effect in 2021, below the 2015 level
• A decrease of the Scope 3 GHG emissions from the petroleum products sold of 19% excluding the COVID-19 effect in 2021 compared to 2015
• A decrease of the lifecycle carbon intensity of 10% excluding the COVID-19 effect between 2015 and 2021

2030 Europe targets:

• Reduce emissions from energy products throughout the value chain (from production to use by our customers) (Scope 1+2+3) by at least 30% compared to 2015.
• Reduce Scope 3 GHG emissions relating to customers’ use of the energy products in Europe by at least 30% in absolute terms, relative to 2015

Facts:

• A decrease in GHG emissions (Scope 1+2+3) in Europe of 14% excluding the COVID-19 effect between 2015 and 2021
• A decrease in GHG emission (Scope 3) in Europe from 265 Mt CO2e to 220 Mt CO2e excluding the COVID-19 effect between 2015 and 2021.