Report on TotalEnergies’ Strategy for Sustainable Energy Transition
Introduction
Energy is a critical resource that underpins consumer lifestyles, business competitiveness, and the energy security of nations. Addressing the climate challenge requires accelerating the energy transition while considering the diverse needs of regions worldwide. There is a distinct contrast between OECD countries aiming for carbon neutrality by 2050 and Global South countries prioritizing energy access to improve living standards.
TotalEnergies’ Commitment to Sustainable Development Goals (SDGs)
TotalEnergies has adopted a dual strategy that aligns with several Sustainable Development Goals, particularly:
- SDG 7: Affordable and Clean Energy
- SDG 13: Climate Action
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 12: Responsible Consumption and Production
The company continues to supply the energy needed today while accelerating the transition to low-carbon energy in a responsible and sustainable manner.
Key Actions Towards Carbon Neutrality by 2050
TotalEnergies is actively working to reinvent energy and achieve carbon neutrality by 2050 in collaboration with society. The main actions include:
- Reducing emissions from operated facilities: Implementing measures to lower greenhouse gas emissions directly linked to the company’s operations.
- Investing in low-carbon energies: Expanding investments in renewable energy sources and technologies.
- Supporting customers in changing habits: Encouraging and enabling customers to adopt more sustainable energy consumption behaviors.
Projected Energy Mix and Climate Indicators
TotalEnergies aims for a significant increase in the share of low-carbon energy within its energy mix by 2050, reinforcing its commitment to SDG 7 and SDG 13.
Access Climate Indicators (XLS)
1. Sustainable Development Goals (SDGs) Addressed or Connected
- SDG 7: Affordable and Clean Energy
- The article emphasizes the importance of energy access, especially in the Global South, highlighting the need for affordable and reliable energy.
- SDG 9: Industry, Innovation and Infrastructure
- The focus on reinventing energy and investing in low-carbon technologies aligns with fostering innovation and sustainable industrialization.
- SDG 13: Climate Action
- The article centers on tackling climate challenges by reducing emissions and achieving carbon neutrality by 2050.
- SDG 12: Responsible Consumption and Production
- Supporting customers to change their habits towards low-carbon energy reflects responsible consumption patterns.
2. Specific Targets Under Those SDGs Identified
- SDG 7 Targets
- Target 7.1: By 2030, ensure universal access to affordable, reliable and modern energy services.
- Target 7.2: Increase substantially the share of renewable energy in the global energy mix by 2030.
- SDG 9 Targets
- Target 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies.
- SDG 13 Targets
- Target 13.2: Integrate climate change measures into national policies, strategies and planning.
- Target 13.3: Improve education, awareness-raising and human and institutional capacity on climate change mitigation.
- SDG 12 Targets
- Target 12.8: By 2030, ensure that people everywhere have the relevant information and awareness for sustainable development and lifestyles in harmony with nature.
3. Indicators Mentioned or Implied to Measure Progress
- Share of Low-Carbon Energy in Energy Mix
- The article mentions a target of increasing the share of low-carbon energy in the energy mix by 2050, which relates to indicators measuring the percentage of renewable or low-carbon energy sources in total energy consumption (e.g., SDG Indicator 7.2.1: Renewable energy share in the total final energy consumption).
- Emissions Reduction from Operated Facilities
- Reducing emissions generated by operated facilities implies tracking greenhouse gas emissions intensity or total emissions, corresponding to indicators such as SDG Indicator 13.2.2: Total greenhouse gas emissions per year.
- Customer Behavioral Change
- Supporting customers to change their habits suggests measuring awareness and adoption rates of low-carbon energy consumption, linked to indicators under SDG 12.8 and SDG 13.3.
- Carbon Neutrality Ambition
- Tracking progress towards carbon neutrality by 2050 can be measured through comprehensive carbon footprint assessments and net emissions calculations.
4. Table of SDGs, Targets, and Indicators
SDGs | Targets | Indicators |
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SDG 7: Affordable and Clean Energy |
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SDG 9: Industry, Innovation and Infrastructure |
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SDG 13: Climate Action |
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SDG 12: Responsible Consumption and Production |
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Source: totalenergies.com