Technip Energies Sustainability Profile
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.
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.
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.
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Technip Energies's reported carbon emissions
In 2024, Technip Energies reported total carbon emissions of approximately 1.71 billion kg CO2e. This figure includes Scope 1 emissions of about 2.16 million kg CO2e, Scope 2 emissions of approximately 9.88 million kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 1.70 billion kg CO2e. The Scope 3 emissions breakdown reveals major sources such as purchased goods and services (approximately 1.53 billion kg CO2e) and upstream transportation and distribution (about 80.59 million kg CO2e). In 2023, the company recorded total emissions of approximately 1.55 billion kg CO2e, with Scope 1 emissions at about 3.33 million kg CO2e, Scope 2 emissions at approximately 11.42 million kg CO2e (market-based), and Scope 3 emissions reaching around 1.54 billion kg CO2e. Technip Energies has set ambitious climate commitments, aiming to reduce Scope 1 and 2 emissions by 30% by the end of 2025, with a long-term goal of achieving 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 is also focused on improving gender diversity and investing in employee development as part of its sustainability roadmap. Overall, Technip Energies is actively working towards significant emissions reductions and enhancing its sustainability practices in alignment with industry standards.
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| 2015 | 2016 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| 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 |
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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.
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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.
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