Climate and sustainable energy

Facing with climate change, the scientific community, notably in the IPPC Sixth Assessment Report published in 2022, in affirming the crucial role played by cumulative GHG emissions and collectively reach carbon neutrality.

Although we must aim for drastic reductions in the world’s use of fossil fuels if we are to curb global warming, there is no single path toward meeting this objective.

Reducing the supply of all fossil fuels indiscriminately the board, without first developing capacity for low-carbon alternatives, would put supply out of sync with demand, triggering inflation and aggravating social inequalities.

So everyone – governments, producers and consumers – will need to mobilize collectively to ensure the emergence of a planet-wide market for decarbonized energy sources.

Climate change-related challenges

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Reducing Our Scope 1+2 Emissions using the Best Technologies Available

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Climate and sustainable energy

Our actions to reduce our emissions and reach carbon neutrality

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Key Takeamays

Ambition Net Zero by 2050, Together with Society

Infographic describing TotalEnergies' ambition to reach net zero by 2050, together with society.

To achieve this, the Company has set several objectives for 2030. For its activities, the objective is to reduce scope 1 & 2 emissions by 40% by 2030 compared to the emissions produced in 2015. As for scope 3 emissions, TotalEnergies has set the objective of producing more energy for its customers while reducing the carbon footprint of its products.

In order to achieve its net zero ambition by 2050, the Company is relying on the levers it has identified. TotalEnergies has identified four clear objectives for reducing Scopes 1 and 2 emissions:

Improve the efficiency of our facilites:

Achieve zero routine flaring by 2030 and less than 0,1 Mm³/d by 2025.
Invest in emissions-reduction projects (400 projects identified $1 B over 2023-2024).
Decarbonize our electricity purchases in Europe and the United States (Scope 2) by 2025.

Towards zero methane emission:

Reducing emissions by 80% by 2030 (compared to 2020).
Methane intensity of operated gas installations below 0,1%.

Capture and store carbon from our facilities:

Develop a CCS of 10 Mt/y by 2030.

Offset residual emissions:

Invest $100 million a year to develop natural carbon sink capacity of 5 to 10 Mt/y by 2030.

In addition to activities aimed at reducing carbon emissions, TotalEnergies is developing its multi-energy offering to meet its roadmap to 2050. The Company has set several objectives based on the energies it develops:

Electricity:
- Rank among the top 5 producers of renewable electricity.
- Achieve the same customer recognition in electric mobility tomorrow as we have in fuel retailing today.
Oil products:
- Focus on projets with low emissions and low technical costs.
- Be a reference in the reduction of emissions from oil chain.
Natural Gas:
- Cement our position in the top 3 in LNG
- Be a reference in the reduction of emission from gas chain
Low-carbon molecules:
- Develop production of biofuels and biogas with a 10% share of the global SAF market in 2030.
- Produce one million tons of clean hydrogen and e-fuels by 2030.

By maintaining this focus on developing its multi-energy offer, the Company envisages a more balanced distribution of its energy mix. By 2030, the production of electricity, gas and low-carbon molecules is expected to increase, while the production of oil products is expected to decrease compared to 2022.

Finally, the last part of the infographic focuses on the objectives TotalEnergies has set for itself to reduce Scope 3 emissions, together with society. In this respect, the Company has set 4 main objectives, namely:

Guide our customers towards low-carbon energies.
Promote a circular economy approach in the use of biomass and plastics.
Develop a carbon storage offer for our customers with capacity exceeding 10 Mt/year by 2030.
Forge partnerships with our top 1000 suppliers to reduce emissions from our purchasing