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PARIS - TotalEnergies (EPA:TTEF) (Paris:TTE) (LSE:TTE) (NYSE:TTE) has released its Sustainability & Climate - 2025 Progress Report, detailing advancements in its transition strategy and announcing tightened emissions reduction targets for 2025. The report supplements the sustainability information that will be included in the Universal Registration Document as mandated by the Corporate Sustainability Reporting Directive.
The energy company’s multi-energy strategy, combining oil & gas with electricity, particularly renewables, has yielded a 14.8% Return On Average Capital Employed (ROACE) in 2024, making it the most profitable among its peers for the third consecutive year. With nearly $5 billion invested in low carbon energies in 2024, TotalEnergies has also led in energy transition investments.
Significant emissions reductions were reported, with a 36% decrease in Scope 1+2 greenhouse gas emissions from operated oil & gas facilities since 2015. Methane emissions were cut by 55% from 2020, surpassing the 2025 target ahead of schedule. The company’s LNG sales are believed to have helped clients avoid approximately 65 Mt of CO2e emissions in 2024.
In the electricity sector, TotalEnergies invested $4 billion in Integrated Power, increased net electricity production by 23%, and reached over 10% of electricity in its sales mix. This growth led to a 16.5% reduction in the lifecycle carbon intensity of the company’s energy products sold compared to 2015, exceeding the initial goal of a 14% reduction.
For 2025, TotalEnergies has set more ambitious targets: a 60% reduction in methane emissions from operated facilities, Scope 1+2 emissions below 37 Mt CO2e, and a 17% decrease in lifecycle carbon intensity of energy products sold. These enhanced goals underscore the company’s commitment to the energy transition.
The progress report was presented online by TotalEnergies executives Aurélien Hamelle and Namita Shah, followed by a Q&A session. The presentation and report are available on the TotalEnergies website.
This news comes as TotalEnergies continues to position itself as a leader in sustainable energy, with operations in approximately 120 countries. The information reported is based on a press release statement from TotalEnergies.
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