Sustainable Development at Heart of TotalEnergies’ Strategy
As with many companies and governments worldwide, energy firms — including TotalEnergies — are working to achieve carbon neutrality by 2050.
To turn intention into meaningful action, TotalEnergies is taking action by stopping routine flaring, gradually eliminating methane emissions and improving energy efficiency.
In 2016, the French multinational integrated energy and petroleum company committed its support to the United Nations Sustainable Development Goals (SDGs), on which it has since curated its sustainable development approach.
TotalEnergies and its four sustainability pillars
Known as its axes of sustainable development, TotalEnergies’ approach to sustainability focuses on four key areas.
- Energy and climate
- Safety, respect and well-being
- Environment
- Positive impact for stakeholders
The first pillar, energy and climate, sees TotalEnergies commit to reducing its direct emissions and improving its products which, in turn, support its customers. This is all part of its action to reinvent energy and achieve carbon neutrality by 2050.
TotalEnergies is working toward this by:
- Reducing emissions generated by TotalEnergies operated facilities
- Investing in low-carbon energies and supporting TotalEnergies’ customers to change their habits.
Speaking to Reuters at the COP28 summit in Dubai in November, TotalEnergies’ CEO Patrick Pouyanné pledged his allegiance to an international commitment to triple renewable energy generation.
Noting renewables are essential to phasing out fossil fuels and decarbonising globally, he said: “It’s the right way to frame the object, tripling renewables. If we don’t do that, there’s no way to phase out fossil energy.”
TotalEnergies’ Sustainability & Climate – 2024 Progress Report
Released in March, TotalEnergies’ Sustainability & Climate – 2024 Progress Report reflects on the implementation of TotalEnergies’ strategy, its progress in 2023 and how it is working toward its 2030 objectives.
The report details the company’s achievements in emissions reduction and how it is contributing to a ‘just, orderly and equitable energy transition’.
Highlights from the report include TotalEnergies’ achievement of 34% reduction in Scope 1 and 2 emissions from operated oil and gas facilities, compared to 2015. It also decreased Scope 1 and 2 emissions of upstream oil and gas activities on an equity basis to 18 kg CO₂e/boe and saw a 47% reduction in methane emissions on operated facilities compared to 2020.
How impactful is data and AI to energy companies?
Another way TotalEnergies is improving its sustainability credentials is by leveraging data and AI to provide clean energy at scale in partnership with Databricks.
It also works with Razor, which built a cloud-based solution specifically for TotalEnergies that allowed it to build its own Python models, allowing the company to track data and where it’s coming from. This is no mean feat as, with a workforce of more than 100,000 people and operations across 130 countries, streamlining and making use of the accessible and actionable was the first priority.
This year, TotalEnergies became one of the first organisations to deploy Copilot for Microsoft 365, Microsoft's GenAI assistant. This is part of TotalEnergies’ wider digital transformation strategy and allows its employees to accelerate its operational transformation. This resulted in improved operational efficiency and greater user comfort for its pilot 300 employees.
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