TotalEnergies (TTE) Status update summary

Sustainability and Climate Strategy

• Maintains ambition for carbon neutrality by 2050 and a 40% reduction in Scope 2 emissions by 2030, despite scientific consensus that 1.5°C is out of reach.

• Pursues a dual strategy: resilient, low-emission oil and gas projects and rapid expansion of integrated power, targeting 20% of energy production from electricity by 2030 and 4% annual energy production growth through 2030.

• Achieved an 18.6% reduction in carbon intensity of sold energy products by 2025, aiming for -25% by 2030.

• Investment priorities are Europe, the U.S., and Brazil for renewables and flexible power, with targeted low-carbon molecule projects in Europe.

• Emphasizes affordability, reliability, and sustainability as key enablers, advocating for supportive public policies and carbon pricing.

Methane and Emissions Reduction

• Methane emissions reduced by 65% from 2020 to 2025, surpassing the 2025 target and on track for an 80% reduction by 2030.

• Methane intensity dropped to 0.07% in 2025, surpassing the 2030 target.

• Deployed proprietary AUSEA technology and 13,000 IoT sensors for real-time methane monitoring across all operated assets.

• Eliminated routine flaring in several assets and implemented closed flare systems and venting reduction projects, often at negative or low technical cost.

• Actively shares technology and best practices with partners and non-operated assets to accelerate industry-wide methane abatement.

Decarbonization Solutions for Customers

• One B2B division supports over 450 large customers, representing 2 Gt CO2 emissions, with tailored low-carbon solutions.

• Major agreements in 2025 with Google (2.2 GW PPAs), STMicroelectronics (1.5 TWh/15 years), Airbus (3.3 TWh/decade), and Vallourec (235 GWh/year wind PPA in Brazil).

• Customer decarbonization focuses on Scope 2 emissions, with low-carbon electricity as the main lever; hydrogen and CCS remain critical for specific sectors.

• Decarbonization progress is strongest in fast-growing sectors like data centers, aerospace, and pharmaceuticals.