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updated 2 months ago

Technip Energies Sustainability Profile

Company website

Technip Energies, a leading engineering and technology company headquartered in France, has established itself as a key player in the energy sector since its founding in 2021. With a strong presence in Europe, the Middle East, and Asia-Pacific, Technip Energies focuses on delivering innovative solutions in the fields of hydrocarbons, renewable energy, and sustainable technologies. The company offers a diverse range of services, including project management, engineering, and construction, with a unique emphasis on digitalisation and sustainability. Notable achievements include its commitment to advancing low-carbon technologies, positioning Technip Energies as a frontrunner in the transition towards a more sustainable energy future. With a robust portfolio and a reputation for excellence, Technip Energies continues to shape the landscape of the global energy industry.

DitchCarbon Score

How does Technip Energies's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

84

Industry Average

Mean score of companies in the Other Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

28

Industry Benchmark

Technip Energies's score of 84 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

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Technip Energies's reported carbon emissions

In 2024, Technip Energies reported total carbon emissions of approximately 1,710,671,000 kg CO2e. This includes Scope 1 emissions of about 2,158,000 kg CO2e, Scope 2 emissions of approximately 9,877,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 1,698,636,000 kg CO2e. The previous year, 2023, saw total emissions of about 1,551,800,000 kg CO2e, with Scope 1 at approximately 3,327,000 kg CO2e, Scope 2 at about 11,416,000 kg CO2e (market-based), and Scope 3 emissions at around 1,537,057,000 kg CO2e. Technip Energies has set ambitious climate commitments, aiming to reduce Scope 1 and 2 emissions by 30% by the end of 2025 and achieve net-zero emissions by 2030. These targets are part of their broader sustainability strategy, which includes quantifying and reporting Scope 3 emissions and developing solutions to help clients avoid emissions. The company has reported an 11% reduction in Scope 1 and 2 emissions compared to 2019 levels, with a target of reaching 30% reduction by 2025. Overall, Technip Energies is actively working towards a more sustainable future, with a focus on reducing its carbon footprint and enhancing its environmental performance across all scopes of emissions.

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2015201620202021202220232024
Scope 1
65,000,000
000,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
50,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000
Scope 3
-
0,000,000
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

How Carbon Intensive is Technip Energies's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Technip Energies's primary industry is Other Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Technip Energies's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Technip Energies is in FR, which has a very low grid carbon intensity relative to other regions.

Technip Energies's Scope 3 Categories Breakdown

Technip Energies's Scope 3 emissions, which increased by 11% last year and increased significantly since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 90% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
90%
Upstream Transportation & Distribution
5%
Waste Generated in Operations
2%
Business Travel
2%
Employee Commuting
<1%
Capital Goods
<1%
Fuel and Energy Related Activities
<1%
Downstream Transportation & Distribution
<1%
Downstream Leased Assets
<1%
Processing of Sold Products
<1%

Technip Energies's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Technip Energies has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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