March 18, 2026

TotalEnergies Sustainability

TotalEnergies SE is a French integrated multi-energy company operating across oil and gas production, LNG, refining, chemicals, renewables, and electricity distribution in more than 130 countries, with more than 100,000 employees and revenues of approximately $200 billion in 2024. The company celebrated its centenary in 2024 and published its fourth Sustainability and Climate Progress Report in March 2025, covering full-year 2024 performance. In 2025, TotalEnergies integrated a standalone CSRD-compliant sustainability report into its Universal Registration Document for the first time, alongside the Progress Report, making its non-financial disclosure framework the most formally regulated of its major international energy peer group.

TotalEnergies’ defining sustainability proposition is a two-pillar multi-energy strategy: responsible oil and gas production anchored on LNG, combined with a fast-scaling Integrated Power business covering renewable electricity, storage, and distribution. In 2024, the company exceeded multiple 2025 sustainability targets ahead of schedule, including methane emissions reduction, lifecycle carbon intensity reduction, and renewable electricity expansion, while remaining the most profitable Major for the third consecutive year with a 14.8% return on average capital employed.

Source

https://totalenergies.com/system/files/documents/totalenergies_sustainability-climate-2025-progress-report_2025_en.pdf
https://totalenergies.com/sustainability/climate-and-sustainable-energy

Sustainability Strategy and Goals

TotalEnergies’ sustainability strategy is organized around four axes: Climate and Sustainable Energy, Caring for the Environment, Acting for the Well-being of Employees, and Having a Positive Impact for Stakeholders. In 2024, the company launched the “Our 5 Levers for Sustainable Change” internal program, mobilizing all 100,000 employees around five behavioral priorities: minimizing energy consumption, promoting renewable and low-carbon technologies, minimizing environmental discharges, engaging with stakeholders, and caring for colleagues.

The strategy aligns with the Paris Agreement 1.5°C pathway and the UN SDGs, with SDG 7 (Affordable Clean Energy), SDG 13 (Climate Action), SDG 6 (Clean Water), SDG 15 (Life on Land), and SDG 3 (Good Health) as stated priorities. TotalEnergies does not hold SBTi validation, using its own lifecycle carbon intensity and Scope 1 and 2 net reduction frameworks instead. Executive pay links extra-financial criteria, including GHG reduction, safety performance, and CSR performance, to 39% of the Chairman and CEO’s annual variable compensation and 30% for senior executives.

Net Zero and Carbon Emissions

TotalEnergies targets carbon neutrality in its operated facilities (Scope 1 and 2) by 2050, with a 40% net reduction by 2030 versus 2015, and reduced lifecycle carbon intensity of all energy products sold by 25% by 2030. Its 2025 report further strengthened several near-term targets ahead of schedule.

Scope 1 and 2 net emissions from operated facilities: already down 26% overall (36% for oil and gas assets alone) by end-2024 vs. 2015
Scope 1 and 2 target: less than 37 Mt CO2e by 2025, strengthened from less than 38 Mt
Upstream oil and gas carbon intensity: 17 kg CO2e per barrel of oil equivalent (boe) in 2024, down from 21 kg CO2e/boe in 2015
17 kg CO2e/boe is now TotalEnergies’ maximum acceptable intensity for all new projects from 2025 onward
Total cumulative investment in emission-reduction projects at operated sites: approximately $750 million through end-2024, saving 1.5 Mt CO2e per year and reducing energy costs by over $100 million annually
More than 170 emission-reduction projects implemented in 2024, targeting more than 2 Mt CO2 reduction, completing in 2025
Lifecycle carbon intensity of energy products sold: reduced 16.5% by end-2024 vs. 2015, exceeding the 14% 2024 target
2030 target for lifecycle carbon intensity: 25% reduction vs. 2015

Methane Emissions

TotalEnergies made its most material near-term sustainability achievement in 2024 through methane reduction, beating its 2025 target one year early. The company is extending continuous detection technology to all upstream operated assets by 2025.

Methane emissions from operated facilities: 64 kt in 2020 reduced to 29 kt in 2024, a 55% reduction
Exceeded the 2025 target of 50% reduction one year early
New 2025 target (strengthened): 60% reduction vs. 2020, raised from the original 50%
2030 target: 80% reduction vs. 2020, aiming for near-zero methane from operated upstream assets
Continuous emission detection and quantification equipment being deployed across all upstream operated sites by 2025
TotalEnergies’ methane intensity is already among the lowest in its peer group

Renewable Electricity and Integrated Power

TotalEnergies’ Integrated Power business unit, combining renewable electricity generation, flexible gas-fired generation, battery storage, and direct customer supply, is growing into a core cash engine, receiving $4 billion in investment in 2024 alone.

Net electricity production in 2024: 41 TWh, up 23% year on year
Gross installed renewable electricity capacity: 26 GW at end-2024
Electricity as a share of total energy sales mix: passed 10% milestone in 2024
Biomethane production capacity: 1.2 TWh per year by end-2024
Target: more than 50 TWh of electricity production by 2025
Long-term target: more than 100 GW of gross installed renewable electricity capacity by 2030
Long-term target: more than 100 TWh of electricity generation by 2030, representing 20% of hydrocarbon production volume
Signed a clean energy partnership with Google Europe in January 2025 to supply Dutch data centers with 24/7 clean electricity by 2030
Developing 1,500 high-power electric vehicle charging sites in Europe by 2030

Scope 3 and Customer-Avoided Emissions

TotalEnergies frames customer emissions through two complementary lenses: lifecycle carbon intensity reduction of products sold, and Scope 4 avoided emissions generated by its LNG sales (replacing coal) and renewables.

LNG avoided emissions in 2024: 65 million tonnes CO2e, as customers replaced coal with gas for power generation
Avoided emissions from renewable electricity production in 2024: 18 million tonnes CO2e
Total avoided emissions target by 2030: 150 million tonnes CO2e (90 Mt from LNG coal displacement and 60 Mt from renewables)
Target: keep absolute Scope 3 emissions below 400 Mt CO2e while growing total energy production by 4% per year to 2030
Lifecycle carbon intensity of energy products sold: 16.5% reduction in 2024 vs. 2015; 2030 target is 25% reduction

TotalEnergies is one of the few integrated energy companies to formally quantify and publish Scope 4 avoided emissions alongside Scope 3, providing a more complete picture of its net climate contribution than its Scope 3 absolute figure alone conveys.

Carbon Capture and Storage

TotalEnergies is one of the most active CCS developers among the oil and gas majors, with projects spanning Europe, Southeast Asia, and the Middle East. Critically, Northern Lights Phase 1 became fully operational in August 2025, with the first CO2 volumes successfully injected and stored 2,600 meters below the North Sea seabed, making it the world’s first commercial cross-border CO2 transport and storage infrastructure.

Northern Lights Phase 1 (Norway, operational August 2025): 1.5 Mt CO2/year storage capacity, fully booked by five industrial customers from Norway, Netherlands, Denmark, and Sweden including Hafslund Celsio, Heidelberg Materials, Yara, Ørsted, and Stockholm Exergi
Northern Lights Phase 2 FID confirmed March 2025: $714 million investment (7.5 billion NOK) raising capacity to more than 5 Mt CO2/year by second half of 2028
Northern Endurance Partnership (UK, with Equinor and BP): TotalEnergies holds a 10% stake in this CCS hub targeting 4 million tonnes of CO2 storage per year
Papua LNG CCS (Papua New Guinea): TotalEnergies plans to integrate CCS with the 5.3 Mtpa Papua LNG project
Southeast Asia CCS Hub (with Petronas and Mitsui): development in progress for a regional CCS hub
Long-term CCS capacity target: more than 10 million tonnes CO2 per year by 2030 for own facilities and customers in Europe
Carbon credits portfolio: 13.7 million verified carbon credits by end-2024; $100 million invested annually in nature-based carbon projects
Target: 50 million verified carbon credits by 2030, delivering at least 5 million tCO2e of offsets per year for use on residual Scope 1 and 2 from 2030
$100 million partnership with Anew Climate and Aurora Sustainable Lands, protecting 300,000 hectares of forests across 10 US states

Water Stewardship

TotalEnergies tracks water use across all operated sites, with a focus on reducing freshwater withdrawal and improving industrial water efficiency, particularly at its refining and petrochemical facilities.

TotalEnergies monitors water withdrawals, water recycling rates, and wastewater discharge as part of its One MAESTRO HSE reference framework across all sites
The company applies water risk mapping to identify sites in water-stressed areas and requires priority action plans at those sites
Double materiality analysis formalized in 2024 identified water stewardship as a material impact category under CSRD-aligned reporting
Marsa LNG plant in Oman, launched in 2024, is designed as an all-electric facility powered by a 300 MW solar farm; operational water use is reduced relative to conventional LNG plants as a direct consequence of the electrification design

Biodiversity and Deforestation

TotalEnergies treats biodiversity as a material impact under its 2024 CSRD double materiality analysis and embeds nature-related risk management into its project assessment and operations processes.

The company’s nature-based carbon credit program (300,000 hectares of US forest protection with Anew Climate, generating $770 million in projected community benefits) is its most quantifiable direct biodiversity contribution
TotalEnergies’ Tilenga and EACOP projects in Uganda and Tanzania remain its most scrutinized biodiversity and land use risk exposure; the projects require acquisition of approximately 6,400 hectares of land and affect communities in the Lake Albert basin area
As of January 2026, 99.3% of compensation agreements under Tilenga and EACOP were signed and 99.2% were paid, per TotalEnergies’ own disclosure, though civil society groups and financial institutions continue to flag unresolved environmental and social risks
TotalEnergies distributed 990 kt of bottled LPG in Africa and Asia in 2024, serving 15 million households and 60 million people, framing clean cooking access as a nature-positive measure by replacing charcoal and wood combustion

Occupational Health and Safety

TotalEnergies operates under its One MAESTRO management framework, setting a formal goal of zero fatalities across employees and contractors.

TotalEnergies’ safety policy applies to all 100,000 plus employees and all contractor workers on operated sites globally
The company tracks two primary safety indicators: the recordable injury rate and number of fatalities, reported annually in the Sustainability and Climate Progress Report
In 2024, TotalEnergies focused World Day for Safety on Major Accidents and Return of Experience (REX), applying lessons from both internal and industry-wide major incidents to strengthen preventive management under One MAESTRO
The company’s formal safety objective is stated as zero fatalities and ongoing reductions in accident rates across all operations

Human Rights and Responsible Sourcing

TotalEnergies manages human rights due diligence through its Vigilance Plan, published annually as required by French corporate duty of vigilance law, and its CSRD sustainability report from 2025 onward.

$500 million joint investment with BP, Equinor, and Shell committed in November 2024 to support UN SDG 7 energy access in Sub-Saharan Africa, South Asia, and Southeast Asia
TotalEnergies committed an additional $400 million in LPG facilities for clean cooking in Africa and India, targeting 100 million people by 2030
250 of the company’s most significant sites, business units, and subsidiaries representing 94.4% of employees defined local sustainable development progress plans by 2023, extended further in 2024
The Tilenga and EACOP projects in Uganda and Tanzania remain the most contested human rights exposure: most major commercial banks have declined to finance EACOP due to community and environmental risk concerns, and TotalEnergies has funded more than $1.4 billion above its originally planned contribution

Governance and Transparency

TotalEnergies operates with a unified Chairman and CEO role (Patrick Pouyanné), a governance structure that has faced shareholder pressure. The Board of Directors’ Governance and Ethics Committee, chaired by Lead Independent Director Jacques Aschenbroich, monitors sustainability governance and reaffirmed the unified structure in 2024.

Board of Directors: 10 meetings in 2024 with a 97.9% attendance rate
Strategy and CSR Committee: 3 meetings in 2024 with an 88.9% attendance rate
From 2025, TotalEnergies includes a formal agenda item at the AGM for debate on the Sustainability and Climate Progress Report, replacing the contested Say on Climate resolution format of prior years
The 2024 Universal Registration Document (published March 2025) includes TotalEnergies’ first CSRD-compliant sustainability report, providing double materiality analysis, ESRS-aligned disclosures, and third-party certified non-financial indicators
Extra-financial criteria account for 39% of the Chairman and CEO’s variable compensation, covering safety, GHG reduction, carbon intensity, diversity, and supervision of the transition strategy
R&D investment: more than $1 billion in 2024, with 68% devoted to low-carbon and decarbonization solutions

Technology and Innovation

TotalEnergies’ innovation agenda in sustainability spans digital tools for emission monitoring, low-carbon LNG design, SAF production, hydrogen, and CCS.

ForCFR digital tool (Exploration and Production): links carbon forecasting with oil and gas production decisions; in Angola, optimizing well operations using ForCFR cut 179 kt CO2e per year
CarbOptim digital tool (Refining): tracks energy use in real time at Normandy, Donges, and Feyzin refineries, cutting steam and energy waste
Marsa LNG (Oman): all-electric LNG plant powered by a 300 MW solar farm, emitting less than 3 kg CO2e/boe vs. an industry average of 35 kg CO2e/boe
GranMorgu oil project (Suriname): all-electric design targeting emissions below 16 kg CO2e/boe
SAF production: targeting 1.5 million tonnes per year by 2030; biomethane production capacity reached 1.2 TWh per year in 2024
Hydrogen: partnerships with Air Liquide for biohydrogen at La Mède and Grandpuits refineries; 250 MW offshore wind electrolyser in Zeeland (Netherlands) targeting 30,000 tonnes of green hydrogen per year from 2029
Tolling agreements in Belgium and France: 130 MW (Antwerp) and 100 MW (Normandy) electrolysers producing 15,000 tonnes of hydrogen per year at each site, cutting 150,000 tonnes of CO2 per site by 2027

Global Partnerships and Advocacy

TotalEnergies is a signatory to the Oil and Gas Decarbonization Charter (OGDC), launched at COP28, and actively shares methane detection technology and best practices with the broader oil and gas industry.

OGDC signatory: committed at COP28 to sharing methane monitoring technology and practices, positioning TotalEnergies as a peer-group influencer on upstream methane standards
$500 million joint investment with BP, Equinor, and Shell in support of UN SDG 7 energy access
Northern Lights CCS (Norway): active operating partner alongside Equinor and Shell on the world’s first commercial cross-border CO2 storage infrastructure, now operational since August 2025
Google Europe partnership: 24/7 clean electricity supply for Dutch data centers from 2030

Source

Progress vs. Target Tracker

Commitment	Target	Current Status (2024)	Assessment
Scope 1+2 net reduction (operated facilities)	40% reduction by 2030 vs. 2015	26% overall reduction vs. 2015; 36% for oil and gas assets	On track
Scope 1+2 absolute cap	Less than 37 Mt CO2e by 2025 (strengthened from 38 Mt)	Trajectory confirmed; 2025 final figure pending	On track
Lifecycle carbon intensity of energy products sold	25% reduction by 2030 vs. 2015; 17% by 2025	16.5% reduction in 2024, exceeding the 14% 2024 target	On track (ahead of schedule)
Methane emissions reduction	60% by 2025 vs. 2020 (raised from 50%); 80% by 2030	55% reduction achieved in 2024, beating original 50% target one year early	Exceeded (ahead of schedule)
Gross installed renewable electricity capacity	35 GW by 2025; 100 GW by 2030	26 GW at end-2024	At risk (9 GW gap to 2025 target)
Net electricity production	50 TWh by 2025; 100 TWh by 2030	41 TWh in 2024 (up 23% year on year)	At risk (9 TWh gap to 2025 target)
Upstream carbon intensity ceiling	17 kg CO2e/boe maximum for all new projects from 2025	17 kg CO2e/boe achieved in 2024	Achieved
Avoided emissions (Scope 4)	150 Mt CO2e per year by 2030 (90 LNG + 60 renewables)	65 Mt (LNG) + 18 Mt (renewables) = 83 Mt total in 2024	On track
Scope 3 absolute cap	Below 400 Mt CO2e by 2030 while growing production 4%/year	Trajectory monitored; requires continuous tracking against production growth	Monitoring required
CCS capacity (TotalEnergies assets + customers, Europe)	More than 10 Mt/year by 2030	Northern Lights Phase 1 operational (1.5 Mt/year); Phase 2 FID confirmed March 2025, targeting 5 Mt/year by 2028	On track
Carbon credits portfolio	50 million verified credits by 2030	13.7 million verified credits by end-2024	On track
Clean cooking access	100 million people by 2030 (Africa and India)	60 million people supplied with LPG in 2024 (990 kt distributed)	On track
Net zero Scope 1+2 (operated)	Carbon neutrality by 2050	Trajectory on track; 26% reduction already achieved vs. 2015	On track (long-term)
Sustainable Aviation Fuel production	1.5 Mt/year by 2030	Production scaling at La Mède and Grandpuits; full capacity not yet disclosed	Monitoring required

Source

https://totalenergies.com/system/files/documents/totalenergies_sustainability-climate-2025-progress-report_2025_en.pdf
https://totalenergies.com/sustainability/climate-and-sustainable-energy/reducing-our-emissions
https://carboncredits.com/totalenergies-boosts-carbon-credit-investment-as-lng-renewables-drive-q1-gains/

Key Sustainability Innovations and Technologies

TotalEnergies’ innovation leadership in sustainability is most clearly expressed through its LNG decarbonization model, digital emission monitoring tools, and its position as a CCS and hydrogen infrastructure pioneer.

Marsa LNG (Oman) is the most commercially significant example of low-carbon LNG design currently in operation. The plant, launched in April 2024, is fully electric and powered by a 300 MW solar farm, emitting less than 3 kg CO2e/boe versus an industry average of 35 kg CO2e/boe. This 91% reduction in facility-level emission intensity relative to peers makes Marsa LNG the benchmark for low-carbon liquefaction. TotalEnergies has applied 17 kg CO2e/boe as the maximum acceptable intensity for all new projects from 2025 onward, institutionalizing this standard as a hard investment screen.

ForCFR and CarbOptim Digital Tools demonstrate how TotalEnergies is embedding AI-assisted carbon accounting directly into production decision-making. ForCFR links carbon forecasting to well-level production decisions in Exploration and Production, delivering 179 kt CO2e per year in Angola alone. CarbOptim tracks real-time energy use at three major French refineries, identifying steam and energy waste automatically.

Northern Lights CCS is TotalEnergies’ primary large-scale CCS infrastructure asset in Europe, operated equally with Equinor and Shell. Phase 1 became operational in August 2025, with the first CO2 successfully injected and stored 2,600 meters below the North Sea seabed. Phase 2 FID was confirmed in March 2025, committing $714 million to raise storage capacity to more than 5 Mt per year by the second half of 2028.

Green Hydrogen Supply Chain development in France, Belgium, and the Netherlands represents the company’s 2026 to 2029 deployment pipeline for industrial-scale electrolytic hydrogen, directly targeting refinery decarbonization. The Zeeland electrolyser (250 MW, 30,000 tonnes green hydrogen per year from 2029) is the flagship project.

Marsa LNG emission intensity: less than 3 kg CO2e/boe vs. 35 kg industry average
ForCFR (Angola): 179 kt CO2e per year savings from well-level carbon optimization
Northern Lights Phase 1: operational since August 2025; 1.5 Mt CO2/year, fully booked
Northern Lights Phase 2: $714 million FID confirmed March 2025; 5 Mt/year by 2028
Zeeland electrolyser (Netherlands): 250 MW, 30,000 tonnes green hydrogen per year from 2029
Carbon credits: 13.7 million verified credits by end-2024; $100 million invested annually
GranMorgu (Suriname): all-electric oil project targeting below 16 kg CO2e/boe

Source

https://carboncredits.com/totalenergies-boosts-carbon-credit-investment-as-lng-renewables-drive-q1-gains/
https://enkiai.com/totalenergies-carbon-capture-initiatives-for-2025-key-projects-strategies-and-market-impact
https://totalenergies.com/company/projects/carbon-capture-and-storage/northern-lights-norway
https://totalenergies.com/news/press-releases/norway-first-co2-storage-northern-lights
https://carboncredits.com/shell-equinor-and-totalenergies-expand-northern-lights-ccs-with-714-million-investment/
https://totalenergies.com/system/files/documents/totalenergies_sustainability-climate-2025-progress-report_2025_en.pdf

Measurable Impacts

TotalEnergies’ 2024 data reflects broad-based progress across its climate, energy, and social performance indicators, with several 2025 targets beaten one year early.

Scope 1+2 net reduction (operated facilities): 26% overall vs. 2015; 36% for oil and gas assets
Upstream oil and gas carbon intensity: 17 kg CO2e/boe in 2024, down from 21 kg CO2e/boe in 2015
Methane emissions: 29 kt in 2024, down 55% from 64 kt in 2020
Lifecycle carbon intensity of energy products sold: 16.5% reduction vs. 2015, exceeding the 14% 2024 target
Net electricity production: 41 TWh in 2024, up 23% year on year
Gross installed renewable electricity capacity: 26 GW at end-2024
LNG customer-avoided emissions (Scope 4): 65 Mt CO2e in 2024
Renewable electricity customer-avoided emissions (Scope 4): 18 Mt CO2e in 2024
Total customer-avoided emissions (Scope 4): 83 Mt CO2e in 2024
Verified carbon credits held: 13.7 million by end-2024
Investment in low-carbon energies: $4.8 billion in 2024
Investment in emission-reduction projects (operated sites): approximately $750 million cumulative through end-2024
LPG for clean cooking distributed: 990 kt in 2024, serving 60 million people
R&D investment: more than $1 billion in 2024, with 68% directed at low-carbon and decarbonization solutions
Integrated Power cash flow: more than $600 million in Q1 2025, demonstrating the business unit’s commercial maturity

Source

Challenges and Areas for Improvement

TotalEnergies faces challenges across project-level social risk, Scope 3 trajectory management, and the structural tension between production growth and emissions reduction.

Tilenga and EACOP Social and Environmental Risk. The East African Crude Oil Pipeline (EACOP) and Tilenga oil project in Uganda remain the most material ESG controversy for TotalEnergies. Almost all major commercial banks have declined to finance EACOP, and TotalEnergies has contributed more than three times its originally planned $1.4 billion share to keep the project funded. As of January 2026, compensation payment completion is at 99.2%, and TotalEnergies disputes civil society characterizations, but the absence of major bank support is a persistent market signal of unresolved risk.

Renewable Electricity Capacity Gap. The 35 GW gross renewable capacity target for 2025 stood at 26 GW at end-2024, a 9 GW shortfall with one year remaining. Similarly, the 50 TWh electricity production target for 2025 stood at 41 TWh at end-2024. While both are on improving trajectories, both 2025 targets will be missed unless substantial capacity additions came online in the first nine months of 2025. Missing both reduces confidence in the 100 GW by 2030 ambition.

Governance and Say on Climate Gap. TotalEnergies’ Board of Directors replaced a formal shareholder Say on Climate resolution with a non-binding AGM debate format from 2025. This is a structural governance gap relative to Shell and BP, which conduct formal advisory votes on their climate strategies, and reduces shareholder accountability on climate commitments.

Renewable capacity gap: 26 GW at end-2024 vs. 35 GW target for 2025; 9 GW shortfall
Electricity production gap: 41 TWh in 2024 vs. 50 TWh target for 2025; 9 TWh shortfall
EACOP: 99.2% compensation paid as of January 2026, but most major commercial banks declined project financing
TotalEnergies has exceeded its planned EACOP funding share by more than three times
Scope 3 absolute cap of 400 Mt CO2e by 2030 at risk if LNG production grows at the planned 3% to 4% per year
Say on Climate: replaced by non-binding debate format at AGM from 2025; no formal advisory vote
SBTi validation: not pursued; proprietary lifecycle carbon intensity metric used instead, limiting peer comparability

Source

https://www.banktrack.org/article/totalenergies_financiers_beware_eacop_is_eating_up_money_nature_and_livelihoods
https://totalenergies.com/projects/oil/tilenga-and-eacop-projects-acting-transparently/misconceptions-about-tilenga-eacop-projec
https://carboncredits.com/totalenergies-boosts-carbon-credit-investment-as-lng-renewables-drive-q1-gains/

Future Plans and Long-Term Goals

TotalEnergies’ 2030 roadmap is anchored on two simultaneous growth trajectories: growing energy production by 4% per year (predominantly from LNG and renewables) and reducing emission intensity continuously. The company plans to bring more than ten projects into production between 2025 and 2030, spanning oil in the US, Brazil, Iraq, and Uganda, and gas in Argentina, Nigeria, Malaysia, Qatar, and Mexico.

On the renewable and low-carbon side, the 2030 targets require more than 100 GW of gross installed renewable electricity capacity, more than 100 TWh of electricity generation, 1.5 Mt per year of SAF, and 150 Mt CO2e of annual customer-avoided emissions. CCS capacity of more than 10 Mt per year by 2030 for European operated facilities and customers rounds out the climate technology agenda, with Northern Lights Phase 2 now anchored by a confirmed FID.

Renewable electricity: more than 100 GW capacity and more than 100 TWh generation by 2030
SAF production: 1.5 Mt per year by 2030
Clean cooking: 100 million people served in Africa and India by 2030
Scope 1+2 net reduction: 40% by 2030 vs. 2015; carbon neutrality by 2050
Lifecycle carbon intensity: 25% reduction by 2030 vs. 2015
Customer-avoided emissions (Scope 4): 150 Mt CO2e per year by 2030
Carbon credits: 50 million verified credits by 2030; at least 5 million tCO2e offsets per year from 2030 for residual emissions
LNG production growth: approximately 3% per year to 2030, with Qatar, US, and Oman liquefaction projects starting 2027 to 2028
Zeeland green hydrogen electrolyser (Netherlands): 250 MW, 30,000 tonnes per year from 2029
Northern Lights Phase 2: more than 5 Mt CO2/year storage from second half of 2028

TotalEnergies leads its major oil and gas peers on methane performance and clean cooking access at scale, but lags Shell on Scope 3 Category 11 absolute reduction commitments and lags ExxonMobil on CCS contracted third-party volume in absolute terms.

Source

https://totalenergies.com/sustainability/climate-and-sustainable-energy
https://enkiai.com/totalenergies-carbon-capture-initiatives-for-2025-key-projects-strategies-and-market-impact
https://totalenergies.com/company/projects/carbon-capture-and-storage/northern-lights-norway

Comparisons to Industry Competitors

TotalEnergies, Shell, and BP are the three closest integrated energy peers for sustainability comparison, given their shared European regulatory environment, dual oil and gas plus renewables portfolios, and overlapping CSRD reporting obligations.

Metric	TotalEnergies	Shell	BP
Scope 1+2 absolute reduction vs. baseline	26% overall vs. 2015; 36% for O&G assets (2024)	30% reduction vs. 2016 baseline to end-2024	2030 target revised from 50% to 30 to 35% reduction vs. 2019
Methane intensity	55% reduction vs. 2020; near-zero by 2030	0.04% methane intensity in 2024, below 0.2% target	Below 0.2% methane intensity by 2025
Routine flaring elimination	Near-zero by 2030; reductions ongoing	Eliminated from all operated assets from January 1, 2025	Targeting near-zero routine flaring by 2030
Lifecycle / net carbon intensity target	25% lifecycle carbon intensity reduction by 2030 vs. 2015	15 to 20% Net Carbon Intensity reduction by 2030 vs. 2016	Scope 1, 2, and 3 combined carbon intensity metric; 2030 target revised down in 2023
Scope 3 Category 11 target	Absolute cap of 400 Mt CO2e by 2030; 4% annual production growth planned	15 to 20% reduction by 2030 vs. 2021	15 to 20% retail customer emissions reduction by 2030 vs. 2019 (revised in 2023)
Low-carbon investment (2024)	$4.8 billion in low-carbon energies; $4 billion in Integrated Power	$10 to $15 billion across 2023 to 2025 total plan	Reduced low-carbon share in 2023 strategy reset; total capex approximately $16 billion in 2024
Renewable electricity capacity	26 GW end-2024; target 100 GW by 2030	Scaled back from prior targets; not disclosed at equivalent GW granularity	20 GW target revised down; capacity not disclosed at equivalent granularity
CCS (own + customer volumes)	10 Mt/year target by 2030 in Europe; Northern Lights Phase 1 operational (1.5 Mt/year); Phase 2 FID confirmed (5 Mt/year by 2028)	Quest project (cumulative 8 Mt+ stored); Porthos (2.5 Mtpa when operational)	Northern Endurance Partnership: 4 Mt/year target (45% BP stake)
Say on Climate	Non-binding AGM debate format from 2025; no advisory vote	Annual Energy Transition Strategy advisory vote at AGM	Annual climate strategy advisory vote at AGM
CSRD compliance	CSRD sustainability report in 2024 URD (published March 2025)	CSRD-aligned Sustainability Statements from 2024 Annual Report	Voluntary; TCFD-aligned; not CSRD-obligated

Shell remains the only Major among the three to have eliminated routine flaring from operated assets (from January 1, 2025), while TotalEnergies leads on methane absolute reduction (55% vs. 2020 with the lowest peer-group methane intensity). BP’s 2023 strategy revision, which reduced its 2030 Scope 1 and 2 target from 50% to 30 to 35%, weakens its position relative to both TotalEnergies and Shell in near-term ambition. TotalEnergies’ clean cooking access program (60 million people in 2024; target 100 million by 2030) has no equivalent at Shell or BP in terms of scale or reporting granularity.

Source

https://carboncredits.com/big-oils-showdown-how-shell-chevron-exxonmobil-balance-big-profits-with-net-zero/
https://totalenergies.com/sustainability/climate-and-sustainable-energy
https://www.reuters.com/sustainability/climate-energy/equinor-bp-totalenergies-seal-investment-into-britains-carbon-capture-proj

What to Watch: 12 to 18 Month Indicators

Three forward-looking signals will most clearly shift TotalEnergies’ sustainability standing through the end of 2026.

Renewable Electricity Capacity and Production vs. 2025 Targets. TotalEnergies’ 35 GW gross installed capacity target and 50 TWh electricity production target for 2025 each had material gaps at end-2024 (26 GW and 41 TWh respectively). The 2025 Sustainability and Climate Progress Report, due in March 2026, will confirm whether TotalEnergies closed a 9 GW capacity gap and a 9 TWh production gap in twelve months. Missing both targets would signal that the 100 GW by 2030 ambition requires a significant acceleration in deal velocity and project commissioning. Any target miss also undermines the credibility of the lifecycle carbon intensity 25% by 2030 target, which depends heavily on growing the electricity share of the energy sales mix.

EACOP Commercial Resolution. The EACOP project in Uganda and Tanzania continues to operate without financing from any major international commercial bank. Any large-scale bank endorsement, or conversely a formal withdrawal by TotalEnergies from the project, would be the single most impactful ESG governance signal the company could produce in the 12 to 18 month window. TotalEnergies has now contributed more than three times its planned share of project funding, signaling that the commercial partnership structure is under significant financial and reputational stress.

Northern Lights Phase 2 Construction Progress and Scope 3 Cap Trajectory. Northern Lights Phase 2 FID was confirmed in March 2025, with $714 million committed and a target operational date in the second half of 2028. Any construction delays, permitting setbacks, or customer contract cancellations emerging through 2026 would put the 10 Mt per year CCS target in jeopardy. Simultaneously, TotalEnergies’ commitment to grow LNG production at 3% per year must be monitored against its self-imposed Scope 3 absolute cap of 400 Mt CO2e by 2030.

Renewable capacity gap: 26 GW at end-2024 vs. 35 GW target for 2025
Electricity production gap: 41 TWh in 2024 vs. 50 TWh target for 2025
EACOP: TotalEnergies contributing 3x its planned share; no major bank financing secured
Northern Lights Phase 2: $714 million FID confirmed March 2025; 5 Mt/year target by second half of 2028
Scope 3 cap: 400 Mt CO2e by 2030 vs. 4% annual LNG production growth trajectory

Source

https://carboncredits.com/totalenergies-boosts-carbon-credit-investment-as-lng-renewables-drive-q1-gains/
https://www.banktrack.org/article/totalenergies_financiers_beware_eacop_is_eating_up_money_nature_and_livelihoods
https://carboncredits.com/shell-equinor-and-totalenergies-expand-northern-lights-ccs-with-714-million-investment/
https://totalenergies.com/company/projects/carbon-capture-and-storage/northern-lights-norway

TotalEnergies has built the most commercially integrated sustainability narrative among the oil and gas majors: its Integrated Power business generated over $500 million in income and $600 million in cash flow in Q1 2025 alone, making it the first Major to demonstrate that low-carbon electricity is a genuine profit center rather than a reputational expense. Its methane performance (55% reduction vs. 2020, lowest peer-group intensity) and its early achievement of the 2024 lifecycle carbon intensity target are two of the most credible near-term quantitative wins in the sector. The decision to embed a CSRD-compliant sustainability report in the 2024 Universal Registration Document aligns TotalEnergies with the highest standard of mandatory disclosure applicable to a French publicly listed company.

The structural weaknesses are concentrated in two areas. The EACOP situation is TotalEnergies’ most material ESG liability: a project that has lost the confidence of international commercial banking markets, costs more than three times its planned share of capital, and operates in a biodiversity-sensitive region with outstanding community grievances. The renewable electricity capacity and production gaps at end-2024 (9 GW and 9 TWh respectively) reveal that TotalEnergies’ 2030 ambitions on power require a faster pace of execution than its 2024 commissioning record supports.

Three strategic takeaways for practitioners benchmarking or replicating this approach:

TotalEnergies’ Marsa LNG design (all-electric, solar-powered, below 3 kg CO2e/boe) is the most important reference point in the industry for anyone evaluating the technical and commercial feasibility of near-zero-emission LNG production. The company has embedded the 17 kg CO2e/boe ceiling as a hard investment screen for all future projects from 2025, making emission intensity a commercial gating criterion rather than a reporting metric. Any capital-intensive industrial company can replicate this by publishing and enforcing a maximum acceptable carbon intensity for all new capital investments.
The Scope 4 avoided emissions framework, used by TotalEnergies to quantify the 65 Mt CO2e of coal displacement from its LNG sales, is the most practically important methodology currently underused by industrial companies seeking to communicate their net climate contribution. For any energy or materials company whose products enable customers to reduce their own emissions, building and publishing a verified Scope 4 methodology alongside Scope 3 data provides the fairest possible picture of actual climate impact direction.
The carbon credits portfolio strategy (50 million verified credits by 2030, used only for residual Scope 1 and 2 from 2030 onward, never as an early substitute for operational reduction) is the most governance-sound approach to nature-based offsets currently practiced at scale among oil and gas companies. Practitioners designing offset strategies should study TotalEnergies’ sequencing: build the offset portfolio now, consume it gradually only after achieving maximum operational reductions, and restrict use to residual emissions rather than front-loading credits to offset current high emissions.

Source

https://totalenergies.com/system/files/documents/totalenergies_sustainability-climate-2025-progress-report_2025_en.pdf
https://carboncredits.com/totalenergies-boosts-carbon-credit-investment-as-lng-renewables-drive-q1-gains/
https://www.banktrack.org/article/totalenergies_financiers_beware_eacop_is_eating_up_money_nature_and_livelihoods

What are You Looking for?

TotalEnergies Sustainability

Sustainability Strategy and Goals

Net Zero and Carbon Emissions

Methane Emissions

Renewable Electricity and Integrated Power

Scope 3 and Customer-Avoided Emissions

Carbon Capture and Storage

Water Stewardship

Biodiversity and Deforestation

Occupational Health and Safety

Human Rights and Responsible Sourcing

Governance and Transparency

Technology and Innovation

Global Partnerships and Advocacy

Progress vs. Target Tracker

Key Sustainability Innovations and Technologies

Measurable Impacts

Challenges and Areas for Improvement

Future Plans and Long-Term Goals

Comparisons to Industry Competitors

What to Watch: 12 to 18 Month Indicators

Read Next

Vodafone Sustainability

ZTE Corporation Sustainability

Jio Sustainability

How is Sustainable Innovation Driving the Circular Economy

Leave a Reply Cancel reply