TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
Our Ambition: Be a Major Player in the Energy Transition
We put sustainable development at the heart of our strategy.
Our commitment has four dimensions:
- Sustainable energy: leading the transformation of the energy model to combat climate change and respond to people’s needs.
- Well-being of people: being a leading name as an employer and a responsible operator.
- Environmental excellence: accelerating progress on environmental stewardship.
- Creating value for society: generating shared prosperity across regions.
We have also committed to contributing to the achievement of the United Nations’ Sustainable Development Goals and to using them as a framework for measuring and prioritizing all of its impacts more effectively.
TotalEnergies, a Company Full of Energies
People are at the center of our collective project and values. Through their diversity, individual engagement and talent, our employees are the energy that keeps us moving.
We are reinventing and diversifying our energy offering to promote renewable and decarbonized energies, as well as sparing, well-considered use of fossil energies. By moving to new energies, we are also encouraging our customers to change their consumption habits, prefer energy efficiency and turn to low-carbon solutions first.
Electricity: Being a Key Player Across the Value Chain
Electricity is the energy of the 21st century. In the coming decades, electricity demand will grow faster than overall energy demand.
Because we want to respond responsibly, we are investing massively in solar and wind power and in energy storage, an indispensable part of the renewable energy landscape and a major challenge for the future of power grids. We are developing a portfolio of operations across the electricity value chain to ensure that electricity accounts for 40% of our sales mix by 2050.
Our objective: become one of the global top five producers of renewable energy by 2030.
Gas: Leveraging Natural Gas to Drive the Energy Transition
Natural gas is the least greenhouse-gas-emitting fossil energy and a key partner to inherently intermittent renewable energies. It is also the best solution for decarbonizing maritime and road transportation, which emit considerable amounts of CO2. That’s why it is a front-line component of our offering.
For gas to fully play its role in the energy transition, we are constantly working to reduce methane emissions – from our own facilities on through to the end customer – and investing in renewable gas: biogas and hydrogen.
Liquids: Satisfying Global Demand and Decarbonizing Petroleum Products
Getting to a net zero society will require deep changes in the global energy mix. While oil consumption will stabilize and then decline, the world will still need hydrocarbons in the coming decades to meet rising energy demand. That’s why we are continuing to develop new oil projects that are balanced in terms of cost and carbon intensity.
At the same time, we are further reducing emissions related to the production and use of oil by avoiding the release of greenhouse gases into the atmosphere, making our facilities more energy efficient and developing renewable fuels such as renewable diesel and sustainable aviation fuel.
Investing in Carbon Sinks
In addition to our initiatives to reduce our greenhouse gas emissions and the carbon intensity of the products we sell, sequestering carbon is a critical driver for getting to net zero by 2050. This means carbon sinks have a crucial role to play.
For more than 10 years, we have been forging partnerships to accelerate carbon capture and storage research and projects. We are also investing in natural carbon sinks such as forests and regenerative agriculture.