Totalenergies Se · EURONEXT:TTE
Totalenergies — ESG Presentation (March 2025)
47 slides from Totalenergies's sustainability presentation, Mar 27, 2025
Slide 1: More energy, less emissions, more value
More energy, less emissions, more value March 27, 2025 Northern Lights, Norway
Slide 2: Sustainability & Climate 2025 Progress Report – Presentation Panel
Sustainability & Climate 2025 Progress Report – Presentation Panel President, Strategy & Sustainability President, OneTech March 2025 – Sustainability & Climate | 2 Antwerp platform, Belgium
Slide 3: Sustainability & Climate 2025 Progress Report
Sustainability & Climate 2025 Progress Report 04 | Sustainability moment 06 | Evolution of global energy indicators since 2000 18 | Scope 1+2: our levers to reach -40% target in 2030 32 | TotalEnergies’ employees engaged 07 | Two pillars to support our energy transition strategy 19 | Delivering succ
Slide 4: 5 Levers for a Sustainable Change, to collectively evolve our corporate culture
5 Levers for a Sustainable Change, to collectively evolve our corporate culture “I engage “I aim to minimize “I aim to minimize “I promote the use and maintain our waste and “I pay attention energy of low-carbon a constructive discharges to air, to my colleagues” consumption” technologies” dialogue
Slide 5: Grandpuits platform, France
Grandpuits platform, France
Slide 6: Evolution of global energy indicators since 2000
Evolution of global energy indicators since 2000 Base 100 in 2000 2000-2023 CAGR GDP 3.2% Electricity demand 3.1% 200 Renewable energy growth has accelerated since 2015 Ren. energy supply 2.8% 180 Coal demand 2.6% Coal continues to grow almost as fast as renewables, benefiting from a cost Natural ga
Slide 7: Two pillars to support our energy transition strategy
Two pillars to support our energy transition strategy Energy production Mboe/d Low-carbon molecules ~20% Electricity 3 +4%/y 40% Gas 2 Low cost, low emission Top 3 global LNG Driving value Deep and resilient integrated portfolio from integration projects portfolio Strong LNG project Positive net cas
Slide 8: 15 years of transformation: more energy, less emissions, more returns to shareholders
15 years of transformation: more energy, less emissions, more returns to shareholders Base 100 in 2015 2020 2024 2030 Dividend Energy production 140 120 Since 2015 Ramping up electrons to 10% of O&G 100 production in 2025 and 20% in 2030 Pre-dividend organic cash breakeven 80 Lifecycle Carbon Intens
Slide 9: A possible vision for a Net Zero company in 2050, together with society
A possible vision for a Net Zero company in 2050, together with society TotalEnergies sales mix 2015 2024 2030 2050: a possible net zero vision 2% Low-carbon 13% energies 20% 25% Low-carbon molecules(1) 33% LNG & Gas 44% 50% 50% Electricity 65% Oil 43% 30% 25% Oil LNG & Gas NBS: 10 MtCO2e to abate S
Slide 10: Contributing to our customers’ own emissions reductions
Contributing to our customers’ own emissions reductions Lifecycle carbon intensity of energy products sold* Energy sales Estimated Scope 3* & “Scope 4“* Mt CO2 2030 2030 (<400 Mt) 2024 46 100 -25% 20% 2024 ~90 13% 65 ~170 Reduce 124 portfolio’s direct Shift to 18 ~60 emissions Gas Low carbon molecul
Slide 11: A consistent capital investment policy to deliver on our ambition
A consistent capital investment policy to deliver on our ambition Oil & Gas Integrated Power Low-carbon energies Developing deep low-cost, low- Oil 20 B$ cumulated Low-Carbon emissions upstream portfolio Maintenance Low-carbon energies Oil Capex over past 5Y, enabling Maintaining portfolio of profit
Slide 12: Progressing and reinforcing our emissions reduction
Progressing and reinforcing our emissions reduction 2015 2023 2024 2025 2030 Objectives Realizations Objectives vs 2015 - 34% - 36% Oil & Gas facilities 46 30.3 29.4 Scope 1+2 CCGT 0 4.3 4.9 operated (100%) New Mt CO2 Overall 46 35 < 38.8 34 < 37 25–30* scope 1+2 <38 > - 40%* New Methane Vs 64 kt -
Slide 13: 2030 emission reduction objectives in line with IEA Paris-Aligned scenarios
2030 emission reduction objectives in line with IEA Paris-Aligned scenarios Scope 1+2 emissions from our operations Lifecycle Carbon Intensity2 Global CO2 emissions – IEA scenarios (WEO 20241) % vs. 2015 % vs. 2015 2015 2020 2025 2030 2035 2015 2020 2025 2030 2035 10% 10% 0% 0% STEPS (2.4°C) -10% -1
Slide 14: Upstream O&G: resilient portfolio, no stranded asset
Upstream O&G: resilient portfolio, no stranded asset Global oil supply cost merit curve1 in 2040 Technical cost, $/b Profitability assessment 50 50 $/b environment and 40 100 $/t carbon price** 30 Investment criteria < 20 $/boe Capex + Opex 20 or < 30 $/b after-tax breakeven 10 Oil portfolio average
Slide 15: Adaptation: a portfolio resilient to physical risks related to climate change
Adaptation: a portfolio resilient to physical risks related to climate change Offshore Portfolio exposure to climate-related physical risks SSP5-8.5 scenario – based on the most prevalent physical risk. Bubble size is proportional to net book value Analysis run on ~300 assets with 3rd party modeling
Slide 16: Maintaining our leadership in extra-financial evaluations by third-parties
Maintaining our leadership in extra-financial evaluations by third-parties February Ranking 2025 vs peers* At end 2024, MSCI assessed TotalEnergies’ enriched "Implied Temperature Rise (ITR)" to be 1.9°C, indicating that “TotalEnergies SE is in line with the AA 2nd Paris agreement's minimal goal of l
Slide 17: AUSEA drone at Lapa Field, Brazil
AUSEA drone at Lapa Field, Brazil
Slide 18: Scope 1+2: our levers to reach our -40% target in 2030
Scope 1+2: our levers to reach our -40% target in 2030* Scope 1+2 from operated facilities (100%) On track to deliver on our - 40% target* 2024 vs 2015 - 36% O&G operated Operated upstream average intensity reduced from 21 to 17 kg CO2e/boe * Net of nature-based carbon sinks Scope 1+2 ** Around 5 Mt
Slide 19: Delivering successful energy savings plans
Delivering successful energy savings plans Progress at end 2024 Deploying energy savings 750 M$ > 100 M$/y ~1.5 MtCO2e/y plans invested energy cost savings emissions reduction 2023–25 1B$ investment in energy efficiency, heat recovery, electrification… ~150 M$/y ~2 Mt CO2e/y energy cost savings* emi
Slide 20: Methane: concrete actions, tangible results
Methane: concrete actions, tangible results Methane emissions (operated) 2024 achievements kt CH4 64 Flaring Gabon: routine flaring eliminated Fugitives, in 2024, 2 years early: -1 kt CH4 combustion Venting -55% USA (Barnett): switch gas instrument vs 2020 34 to air, leaks repair: -3 kt CH4 -60% Arg
Slide 21: Decarbonizing the LNG chain
Decarbonizing the LNG chain LNG Plant Shipping Clients LNG ~ -50% GHG emissions vs coal in TotalEnergies LNG bunkering hub power generation2 Marsa LNG Oman LNG carriers LNG as marine fuel 1 Mt/y LNG liquefaction A global presence -23% A modern and efficient fleet CO2e emissions capacity Average age:
Slide 22: Decarbonizing through electrification and renewable electricity supply
Decarbonizing through electrification and renewable electricity supply Equipment electrification Renewable electricity supply for R&C Existing assets Increasing renewable power in the energy mix of our assets Antwerp refinery (Belgium): steam turbine replaced by an electrical motor Progressing towar
Slide 23: Building low carbon hydrogen supply for our European refineries
Building low carbon hydrogen supply for our European refineries Europe > 200 kt/y diversified & competitive sources of supply already secured La Mède Grandpuits (incl. Air Products Zeeland Producing renewable H2 in (w. Air liquide) (w. Air liquide) agreement) Leuna our bio-refineries Antwerp 25 kt/y
Slide 24: Investing in CO2 storage capacities
Investing in CO2 storage capacities To store the emissions of our assets and those of our customers North Sea Northern Lights Texas Asia-Pacific 1,5 Mtpa; 2025 5 Mtpa; 2028 Japan Port Arthur Refinery La Porte Petrochemicals NEP Bifrost La Porte OCGT 4 Mtpa; 2028 Bayport Polymer Bayou Bend Teesside A
Slide 25: Net Scope 1+2: offsetting our residual emissions with nature-based solutions
Net Scope 1+2: offsetting our residual emissions with nature-based solutions Cumulated credits generated Improved Forestry Management USA from 13 sanctioned projects Million credits Large-scale operation 40 Reduced & selective timber harvesting, uneven-age management… 30 Across 300,000 ha of commerc
Slide 26: Acting with our partners, championing OGDC
Acting with our partners, championing OGDC Non-operated O&G production AUSEA – Proprietary CH4 detection drones New AUSEA flights on non-operated assets in 2024: 80% operated by Brazil, Angola, Nigeria partners that are OGDC AUSEA technology offered to six NOC: (new agreement in 2024: India Oil) and
Slide 27: R&D: our innovation efforts for beyond 2030
R&D: our innovation efforts for beyond 2030 OneTech providing the technical and R&D expertise to implement our strategy ~1 B$ overall R&D Focus – 4 programs to move towards Near Zero Emissions plants and digitalization budget Developing innovative solutions for decarbonization levers such as electri
Slide 28: Zeeland refinery, Netherlands
Zeeland refinery, Netherlands
Slide 29: Taking care of biodiversity
Taking care of biodiversity Our commitments Breakdown of mitigation actions at our existing sites, most used levers Axis 1 Basis 77 biodiversity action plans and 284 mitigation actions Respecting our voluntary exclusion zones 1 Avoid (7%) Avoidance of wetland/pond type Planning activities outside se
Slide 30: Acting to protect water resources
Acting to protect water resources ~1,300 Mm3 of water withdrawn in 2024 Water stress, a point of particular attention 11 priority sites identified* representing 47% of freshwater withdrawals Action plan developed for each site 10 % 80 % 10 % 2030 Objective Fresh Sea Production Water Water Water -20%
Slide 31: Note on definition of employees
* Unless stated otherwise, “Employees” in this section refers to TotalEnergies’ employees, all 100%-owned companies (except Hutchinson), as well as employees of companies at least 50%-owned by TotalEnergies.
Slide 32: TotalEnergies’ employees engaged in the successful execution of the strategy
TotalEnergies’ employees engaged in the successful execution of the strategy Committed employees… … who are also committed shareholders Agree with statement % Proud to work for my company 90% 72% Confident in TotalEnergies’ ability to achieve its transition 92% 8% 5% >70% Work in safe conditions 95%
Slide 33: Care together by TotalEnergies
Care together by TotalEnergies Lever 5 Commitment to social responsibility In 2024, for all our employees worldwide, we ranked in the deployed around 4 pillars: top 5 of the CCLA Corporate Mental Health Benchmark Global 100+. “I pay attention to my colleagues” Social Health Family Working This bench
Slide 34: Having a positive impact for stakeholders
Havinga positive impact for stakeholders
Slide 35: Making energy accessible and affordable in emerging countries
Making energy accessible and affordable in emerging countries LPG Clean Cooking By end of 2024: Heightened ambition 990 kt bottled LPG distributed 400 M$ investment in LPG to provide access to 100 million people in Africa and India by 2030 to 15M homes i.e. 60M people “Pay as you cook” program benef
Slide 36: GranMorgu: unlocking the economic potential of Suriname
GranMorgu: unlocking the economic potential of Suriname Suriname Creating value locally Developing GranMorgu responsibly & sustainably 10.5 B$ Baseline surveys (environmental & Capex social), stakeholders mapping and Sapakara Krabdagu ESIA** all carried out before FID Voluntary 2-year pilot biodiver
Slide 37: Mozambique LNG: a transformational project for long-term social & economic development
Mozambique LNG: a transformational project contributing to the country’s long-term social & economic development A transformational project Local value creation, applying highest standards Uninterrupted support to local stakeholders despite force majeure 8,500 jobs created since 2021 Local suppliers
Slide 38: w & > ov c w &
w & > ov c w 3 &
Slide 39: Sharing TotalEnergies’ value creation
Sharing TotalEnergies’ value creation Salaries & social charges Investments 9.5 B$ > 100,000 ~120 17.8 B$ employees countries > 70,000 shareholders 15.6 B$ taxes paid (~8% capital) in non-OECD countries 65 B$ in 2024 Dividends ~100,000 > 1,800,000 7.7 B$ individual suppliers shareholders Taxes 22 B$
Slide 40: Strongly committed to shareholder dialogue
Strongly committed to shareholder dialogue A constructive shareholder dialogue Shareholder dialogue in 2024 Fruitful engagement with main investors’ coalitions 1,200 meetings with investors incl. 450 on incl. CA 100+ since 2020 extra-financial matters LID: extensive dialogue pre- and post-AGM Consis
Slide 41: Investing in TotalEnergies: Strategic consistency, growth and resilience
More energy, less emissions, growing free cash flow Strategic consistency, growth and resilience De-risked high-margin growth LNG growth: de-risking Integrated Power: from deep upstream portfolio exposure to spot gas on the way to 12% ROACE > 40% payout through the cycles: growing dividend, sustaine
Slide 42: Useful links
Useful links Sustainability & Climate 2024 Annual results 2023 Tax transparency report 2025 Progress Report & 2025 Objectives Factbook 2023 2023 ESG 2024 CSRD Report 2024 Universal Human Rights Data book Registration Document Briefing Paper March 2025 – Sustainability & Climate | 42
Slide 43: Glossary (1/3)
Glossary (1/3) Biofuel - Liquid or gaseous fuel that can be used for transport, produced from biomass, and meeting criteria of reducing GHG Environmentally material sites - Production sites of the Exploration-Production segment subsidiaries, sites producing more than 250 kt/y compared to the fossil
Slide 44: Glossary (2/3)
Glossary (2/3) LPG (liquefied petroleum gas) - Light hydrocarbons (comprised of butane and propane, belonging to the alkanes class and composed of three and four carbon atoms respectively) that are gaseous under normal temperature and pressure conditions Operated perimeter - Activities, sites and in
Slide 45: Glossary (3/3)
Glossary (3/3) Scope 1 GHG emissions - Direct emissions of greenhouse gases from sites or activities that are included in the scope of As of today, SAF is not used pure, but is incorporated in varying proportions up to 50% into conventional fossil-based reporting for climate change-related indicator
Slide 46: Disclaimer
Disclaimer The terms “TotalEnergies”, “TotalEnergies company” and “Company” in this document are used to designate Financial information by business segment is reported in accordance with the internal reporting system and shows internal segment information TotalEnergies SE and the consolidated entit
Slide 47: For more information go to
Corporate Communications TotalEnergies SE 2, place Jean-Millier 92400 Courbevoie, France Tel.: +33 (0)1 47 44 45 46 Share capital: €5,675,143,002.50 Registered in Nanterre: RCS 542 051 180 For more information go to