TotalEnergies publishes its Sustainability & Climate 2022 Progress Report
In 2021, Total became TotalEnergies. This new name illustrates the Company's new ambition of becoming a world-class player in the energy transition and achieving carbon neutrality by 2050 together with society.
This determination is driven by the company's firm belief that all the world's populations have the fundamental right to access a reliable and affordable source of energy with the ability to power their economic and social development. But those populations also expect companies to protect the climate for future generations. The company is transforming its business activities to deliver tangible and long-term solutions to address a dual challenge: more energies, less emissions.
One year later, the "Sustainability & Climate 2022 Progress Report" fulfills the simple objective of demonstrating how TotalEnergies ambition is reflected in its transformation strategy.
TotalEnergies report offers a clearer insight into its vision for 2050, which especially involves pushing for a significant change to the energy mix. Part of the solution to moving the energy transition forward lies in the soaring development of new molecules (biofuels and biogas, clean hydrogen, and synthetic fuels combining hydrogen and carbon), which the company is actively pioneering while prioritizing circular resource practices.
The other pathway to achieving the energy transition involves switching over from fossil fuels to electricity, which requires a tremendous increase in the amount of green electrons. TotalEnergies is developing its presence across the entire renewable electricity chain (production, storage, trading, and sales). TotalEnergies is aiming to achieve its goal of becoming one of the world's top five producers of solar and wind energy by 2030.
The report spells out the company’s actions to tackle global warming, such as the ongoing effort to drastically cut its methane emissions. They also present the initiatives that the company is spearheading to promote sustainable development with a special focus on improving people's well-being, protecting natural resources, and creating shared value.
The disclosure of non-financial information can be daunting, but CSR Europe can support your company in mastering its sustainability reporting.
Our Sustainability Report Review service includes:
A detailed examination and evaluation of your company’s CSR, ESG, Integrated and/or Sustainability Report against a set of principles that cover both format and content criteria based on the reporting frameworks of the Global Reporting Initiative (GRI) and the International Integrated Reporting Council (IIRC).
An analysis of the best performing areas as well as the areas in reporting practices that can be improved and/or enhanced is provided.
Tailor-made recommendations and suggestions that you can use to improve the most challenging areas in the company’s reporting exercise.
Exemplary best practices from other organisations to give you a more practical understanding of how a specific topic can be disclosed.
This service is aligned with the upcoming EU policy developments in relation to non-financial disclosure.
For more information:
Project Manager, Sustainability Management
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