TotalEnergies SE, commonly referred to as TotalEnergies, is a leading player in the petroleum refineries industry, headquartered in France. Founded in 1924, the company has evolved significantly, expanding its operations across major regions including Europe, Africa, and Asia.
TotalEnergies is renowned for its diverse portfolio, which encompasses oil and gas exploration, production, refining, and marketing, alongside a growing commitment to renewable energy solutions. This unique blend of traditional and sustainable energy services positions TotalEnergies as a forward-thinking leader in the energy sector.
With a strong market presence and notable achievements, including advancements in low-carbon technologies, TotalEnergies continues to drive innovation while meeting the world's energy demands responsibly.
+26 vs industry average
TotalEnergies’s score of 73 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Petroleum Refineries has above-average carbon intensity
Industry performance
The Petroleum Refineries industry has reduced its overall emissions by 23% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
TotalEnergies's reported carbon emissions
TotalEnergies, a petroleum refineries company based in France, reported a total of approximately 370 billion kg CO2e in emissions for the year 2023. This figure encompasses Scope 1, 2, and 3 emissions.
Looking at specific scopes for 2023, Scope 1 emissions were approximately 32 billion kg CO2e, and Scope 2 emissions were around 2 billion kg CO2e. Scope 3 emissions were substantial, with the use of sold products accounting for approximately 351 billion kg CO2e. Other significant Scope 3 categories include purchased goods and services at about 33 billion kg CO2e, and investments at approximately 13 billion kg CO2e.
TotalEnergies has set ambitious climate commitments, including a long-term goal of achieving net-zero emissions by 2050. Near-term targets include reducing the lifecycle carbon intensity of their energy sales by 15% by 2025 and by 25% by 2030, compared to 2015 levels. Additionally, they aim to reduce Scope 1 and 2 net emissions from operated activities by at least 40% by 2030 relative to 2015. The company is also working towards reducing methane emissions from operated facilities by 50% between 2020 and 2025, and by 80% by 2030. Furthermore, TotalEnergies aims to achieve net-zero emissions for its operated activities by 2050.
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TotalEnergies’s Climate Goals (2030 & 2050)
18 goals2030
1% reduction in Scope 1
The absolute and relative reduction targets for greenhouse gas (GHG) emissions on Scope 1, 2 and 3 in the short (2025) and medium (2030) ter…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 18 climate goals
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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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