TotalEnergies
TotalEnergies is a global energy company active in over 130 countries, aiming for net zero emissions by 2050 and investing heavily in renewable energies to become a leading producer of solar and wind power.
Environmental Goals for 2050
TotalEnergies aims to achieve net zero emissions by 2050. This goal includes significant investment in renewable energies and the reduction of petroleum product sales by 40% by 2030 compared to 2019. The company also focuses on reducing its freshwater withdrawals by 20% at sites in water-stressed zones by 2030.
Investment in Renewable Energy
TotalEnergies is heavily investing in renewable energies. The company aims to become one of the world's top five producers of electricity from solar and wind power. In addition to solar and wind, TotalEnergies is developing new low-carbon energies such as biogas, hydrogen, and synthetic liquid fuels.
Global Operations and Presence
TotalEnergies operates in more than 130 countries with a workforce of over 100,000 employees. It has significant operations in Africa with a strong hydrocarbon production and distribution network. The company also has a robust presence in the Middle East, focusing on oil and gas exploration, refining, and petrochemicals, as well as low-carbon projects. Additionally, in Europe, TotalEnergies operates world-class refining and petrochemical platforms in France and Belgium.
Leadership in LNG Market
TotalEnergies is the second-largest private player in the global liquefied natural gas (LNG) market. The company is also committed to transparency and reports payments made by its extractive companies to host country governments, aligning with its broader commitment to ethical practices.
Commitment to Biodiversity and Sustainability
TotalEnergies applies the Mitigation Hierarchy to all its operations and projects, indicating a strong focus on biodiversity. The company is also involved in various international initiatives such as the United Nations Global Compact and the Voluntary Principles on Security and Human Rights. These commitments underscore TotalEnergies' dedication to sustainability and responsible corporate practices.