Technip Energies N.V.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:18,179 tCO2e/year
Scope 1 Emissions:22,468 tCO2e/year
Scope 2 Emissions:15,711 tCO2e/year
Scope 3 Emissions:1,842,969 tCO2e/year (upstream)
Renewable Energy Share:38%
Total Energy Consumption:55,288 MWh/year
Water Consumption:2,337,469 m3/year
Waste Generated:221,524 tons/year
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate & Environment
- People
- Trust
Environmental Achievements
- Reduced scope 1 & 2 emissions by 11% compared to 2019
- Reported scope 3 upstream emissions
- Estimated scope 3 downstream emissions
- Reported scope 4, avoided emissions from clients' carbon capture projects
Social Achievements
- Implemented behavior-based safety (BBS) program on all eligible construction sites
- Increased the number of women in leadership positions to 18% (from 12% in 2021)
- Increased volunteer hours by 50%
Governance Achievements
- Established a rigorous methodology for measuring and reporting indirect CO2 emissions
- Benchmarked approach and engaged with rating agencies
- Achieved AAA MSCI ESG score and EcoVadis Platinum medal
Climate Goals & Targets
Long-term Goals:
- Achieve net zero scope 3 emissions by 2050
- Reach gender parity by 2050
Medium-term Goals:
- Achieve net zero scope 1 & 2 emissions by 2030
- Reach 35% women in permanent workforce by 2030
- Reach 100% renewable energy in offices by 2030
Short-term Goals:
- Reduce scope 1 & 2 emissions by 30% by 2025
- Reach 25% women in leadership positions by 2025
- Reach 40 hours of learning per employee per year by 2025
- Develop social initiatives to benefit 750,000 people over 5 years
Environmental Challenges
- Quantifying scope 3 emissions
- Maintaining safety targets while increasing project activity
- Addressing climate change risks across the value chain
- Ensuring human rights across the supply chain
Mitigation Strategies
- Developed quantification methodologies for scope 3 emissions, reviewed by a third party
- Implemented behavior-based safety (BBS) program
- Conducted a study to assess climate change risks for employees, customers, and assets
- Developed human rights due diligence processes for suppliers and subcontractors
Supply Chain Management
Supplier Audits: 70 suppliers contacted, nearly half engaged in ESG dialogue; ESG criteria to be incorporated in supplier qualification process in 2023.
Responsible Procurement
- ESG criteria to be integrated into supplier qualification
- Monitoring and auditing of key suppliers on ESG performance
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Changing precipitation patterns
- Temperature variability
- Water scarcity
Transition Risks
- Emerging regulations
- Technology substitution
- Market uncertainty
- Reputation risks
Opportunities
- Development and expansion of low-emission goods and services
- Development of new products through R&D
- Business diversification
- Access to new markets
- Participation in renewable energy programs
- Move to more efficient buildings
- Use of lower-emission energy sources
Reporting Standards
Frameworks Used: GRI Standards, TCFD, SASB
Certifications: ISO 14001, ISO 45001, ISO 9001, SA8000 (Technip Energies Italy)
Third-party Assurance: PricewaterhouseCoopers Audit, SAS
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
- Goal 8 (Decent work and economic growth)
- Goal 9 (Industry, innovation, and infrastructure)
- Goal 13 (Climate action)
- Goal 17 (Partnerships for the goals)
Technip Energies' activities contribute to these goals through its focus on energy transition, sustainable solutions, employee development, community engagement, and partnerships.
Sustainable Products & Innovation
- BirdVIGITM
- Ultra Front End™
- Plant Operator Digital Simulator (PODS)
Awards & Recognition
- AAA MSCI ESG Rating
- EcoVadis Platinum medal (France)
- RepublikIT silver medal for BirdVIGITM