TotalEnergies SE
Climate Impact & Sustainability Data (2017, 2020, 2021, 2023)
Reporting Period: 2017
Environmental Metrics
ESG Focus Areas
- Climate Change
- Energy Access
- Biodiversity
Environmental Achievements
- Reduced direct greenhouse gas emissions by 30% since 2010
- Reduced routine flaring by 80% from the 2010 baseline over the period 2010-2020 (met in 2017)
- Avoided more than 10 million tons of carbon emissions since 2009 through Total Ecosolutions program (1.85 million tons in 2017 alone)
Social Achievements
- Launched Total Access to Energy program, impacting more than 10 million people
- Improved lives of 45,000 people through Adilabad biogas project in India
Governance Achievements
- Board of Directors sets CEO compensation partly based on HSE and CSR performance (nearly 20% in 2018)
- Supports recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)
Climate Goals & Targets
- Reduce carbon intensity of energy products by 25-35% by 2040
- Reduce carbon intensity of energy products by 15% between 2015 and 2030
- Increase natural gas share of hydrocarbon energy mix to 60% within 20 years
- Have low-carbon businesses make up 20% of portfolio in 20 years
- Improve energy efficiency at operated sites by 1% annually (2010-2020)
Environmental Challenges
- Methane emissions from gas production and transportation
- Need to reduce carbon intensity of energy products
- Need for wider adoption of carbon pricing
Mitigation Strategies
- Participation in OGCI and other initiatives to reduce methane emissions
- Development of a carbon intensity indicator to track emissions from products
- Advocating for carbon pricing mechanisms and applying an internal carbon price
Supply Chain Management
Responsible Procurement
- Sustainable sourcing of vegetable oils for biofuels
Climate-Related Risks & Opportunities
Physical Risks
- Natural disasters impacting facilities
Transition Risks
- Changes in energy demand, carbon pricing
Opportunities
- Growth in natural gas, renewables, and energy efficiency
Reporting Standards
Frameworks Used: IPIECA, Greenhouse Gas Protocol, TCFD
Certifications: ISO 50001, EU Ecolabel
UN Sustainable Development Goals
- Goal 7
Commitment to developing partnerships and investing in low-carbon businesses to ensure access to affordable, reliable, sustainable and modern energy for all.
Sustainable Products & Innovation
- Biofuels, solar panels, batteries, energy efficiency services
Awards & Recognition
- Patrick Pouyanné named 2017 SDG Pioneer by UNGC
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Climate Change
Environmental Achievements
- Reduced routine flaring by more than 80% since 2010; aiming for zero routine flaring by 2030.
- Reduced methane emissions by 45% since 2010; aiming to maintain methane emissions at operated gas facilities close to zero, with a target of less than 0.1% of commercial gas produced.
- Improved energy efficiency at its operated facilities by more than 10% since 2010.
- Reduced the average carbon intensity of the energy products it sells by 6% since 2015.
Social Achievements
- Created a new Nature-Based Solutions (NBS) business unit with an annual budget of $100 million, targeting sustainable storage capacity of 5 Mt CO2 per year by 2030.
- Announced a joint venture with Groupe PSA to develop electric vehicle battery manufacturing.
- Awarded a concession for 20,000 new EV charging stations in the greater Amsterdam area.
Governance Achievements
- Established a CO2 Task Force in 2019.
- Applies a carbon price of $40 a ton and a sensitivity analysis of $100 a ton as from 2030 for all investments.
- Reviews industry associations’ positions on climate change annually to ensure alignment with Total’s own.
Climate Goals & Targets
- Achieve net-zero emissions by 2050 for all operations and energy products used by customers globally.
- Achieve carbon neutrality in Europe for all production and energy products used by customers by 2050 or earlier.
- Reduce average carbon intensity of energy products used by customers by 35% by 2040.
- Reach sustainable carbon storage capacity of five million tons per year by 2030 (NBS).
- Reduce GHG emissions at operated oil and gas facilities from 46 Mt CO2e in 2015 to less than 40 Mt CO2e by 2025.
- Reduce Scope 3 emissions in Europe by 30% from 2015 levels by 2030.
- Reduce average carbon intensity of energy products used by customers by 15% by 2030.
Environmental Challenges
- Reducing Scope 3 emissions (emissions from the use of Total’s products by customers), which depend on many factors outside Total's direct control.
- Balancing growing global energy demand with emissions reduction.
Mitigation Strategies
- Diversifying the Group’s offering towards lower carbon energies (electricity, natural gas, biogas, hydrogen).
- Investing in carbon sinks (nature-based solutions and carbon capture and storage).
- Working with customers to reduce their direct emissions and promote the use of lower-carbon energy products.
- Advocating for policies that support Net Zero emissions, including carbon pricing.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: TCFD
Certifications: ISO 50001 (for sites consuming more than 50,000 tons of oil equivalent per year)
Sustainable Products & Innovation
- e-fuels
- biofuels
- green hydrogen
- recycled plastics
- bioplastics
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Climate and sustainable energy
- People’s well-being
- Care for the environment
- Creating shared value
Environmental Achievements
- Reduced emissions from operated facilities by 20% since 2015 (excluding Covid-19 impact)
- Reduced the lifecycle carbon intensity of energy products sold by 10% since 2015 (excluding Covid-19 impact)
- Increased waste recovery rate to 61%
- Reduced SO2 releases to 16 kt in 2021 from 59 kt in 2015
Social Achievements
- Achieved the best accident rate in the sector in 2021
- 93% of employees completed at least one training course in 2021
- More than 5,000 new employees hired in 2021
- Launched “Transforming With Our People” program for a just transition
Governance Achievements
- 92% shareholder support for the net-zero ambition
- Executive compensation linked to ESG performance
- Board diversity improved with six women and nine members with climate/sustainable development expertise
Climate Goals & Targets
- Net zero emissions by 2050, together with society
- Reduce Scope 1+2 emissions by >40% by 2030
- Reduce Scope 3 emissions from petroleum products by >30% by 2030
- Reduce methane emissions by 80% from 2020 levels by 2030
- Achieve 100 GW of renewable power capacity by 2030
- Increase waste recovery rate to >70% by 2030
- Reduce methane emissions by 50% from 2020 levels by 2025
- Reduce routine flaring to <0.1 Mm3/d by 2025
- Achieve 35 GW of renewable power capacity by 2025
Environmental Challenges
- Supply chain disruptions
- Meeting growing energy demand while reducing emissions
- Managing the impacts of climate change on operations
- Balancing the need for energy with environmental protection
Mitigation Strategies
- Developing alternative sourcing strategies
- Investing in renewable energy and low-carbon technologies
- Implementing emissions reduction projects
- Improving energy efficiency
- Developing carbon capture and storage (CCS) solutions
- Investing in natural carbon sinks
- Working with partners to reduce emissions across the value chain
Supply Chain Management
Supplier Audits: More than 80 human rights audits in 2021, aiming for 800 every three years
Responsible Procurement
- Code of Conduct
- Sustainability requirements
- Focus on local content
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Rising sea levels
Transition Risks
- Regulatory changes
- Market shifts
- Stranded assets
Opportunities
- Growth in renewable energy
- Development of low-carbon technologies
- CCS services
Reporting Standards
Frameworks Used: TCFD
Certifications: ISO 14001, ISO 45001
UN Sustainable Development Goals
- SDG 7 (Affordable and Clean Energy)
- SDG 13 (Climate Action)
Initiatives contribute to these goals through renewable energy development, emissions reduction, and sustainable development initiatives
Sustainable Products & Innovation
- Biofuels
- Biogas
- Green hydrogen
- E-fuels
- Renewable electricity
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate Change
- Water
Environmental Achievements
- Reduced methane emissions by 8 kt compared to 2022 levels (42 kt).
- Reduced GHG emissions by 1.5 million tons of CO2e across operated assets.
- Reduced Scope 12 emissions by 24% vs 2015.
- Reduced lifecycle carbon intensity of products by 13% compared to 2015.
- Ended routine flaring on the OML100 offshore block in Nigeria.
Social Achievements
- Launched several Water Sanitation And Hygiène (WASH) programs in Africa to provide access to water for local communities.
- Antwerp refinery project to reduce freshwater withdrawals by more than 9 million cubic meters a year (almost 65%).
- Signed agreements with Iraqi authorities for sustainable development of natural resources in Basra, including construction of a seawater treatment plant.
Governance Achievements
- Updated Fundamental Principles of Purchasing (FPP) in 2022 to include climate change.
- Integrated climate issues into compensation structures for Chairman & CEO and employees.
- Created a position of Environment Senior Delegate for Water.
Climate Goals & Targets
- Net zero emissions by 2050.
- Reduce net Scope 1+2 emissions from operated activities by 40% by 2030.
- Reduce lifecycle carbon intensity of energy products sold by 25% by 2030.
- Reduce methane emissions by 80% from 2020 levels by 2030.
- Reduce freshwater withdrawals by 20% in water-stressed areas by 2030.
- Reduce hydrocarbon content of water discharges to below 1 mg/l for onshore sites by 2030.
- Reduce net Scope 1+2 emissions from operated activities by 17% by 2025.
- Reduce lifecycle carbon intensity of energy products sold by 15% by 2025.
- Reduce methane emissions by 50% from 2020 levels by 2025.
Environmental Challenges
- Increased indirect costs due to EU-ETS carbon pricing mechanisms.
- Potential decreased revenues due to reduced production capacity from water scarcity.
- Supplier non-compliance with environmental requirements.
Mitigation Strategies
- Investing in low-carbon energy (33% of CAPEX).
- Implementing water efficiency measures and securing alternative water supplies (44M CAPEX).
- Engaging with suppliers to improve compliance through training, audits, and corrective action plans.
Supply Chain Management
Supplier Audits: 300 on-site audits and 180 documentary audits on 1,300 priority suppliers in 2023.
Responsible Procurement
- Fundamental Principles of Purchasing (FPP)
- Sustainability criteria in pre-qualification process
- Regular monitoring of suppliers.
Climate-Related Risks & Opportunities
Transition Risks
- Increased costs due to EU-ETS
Opportunities
- Increased revenues from renewable energy.
Reporting Standards
Frameworks Used: GRI, TCFD
UN Sustainable Development Goals
- Goal 7
- Goal 13
- Goal 6
Initiatives contribute to these goals through renewable energy development, emissions reduction, and water stewardship.
Sustainable Products & Innovation
- Renewable electricity
- Biofuels
- Low-carbon hydrogen