An Indicator to Measure the Carbon Intensity of Energy Products Sold by TotalEnergies

TotalEnergies has developed a carbon intensity indicator to measure the average greenhouse gas (GHG) emissions of the energy products used by its customers. This indicator makes it possible to track the shift in customer demand towards lower-carbon products and gauge the pace of the energy transition. It measures the average GHG emissions of these products per unit of energy across their lifecycle (i.e., Scopes 1+2+3), from production to final use. It accounts for all the emissions related to our sales of energy products, including those produced by others.

The indicator is calculated by dividing:

The following numerator:

• Emissions related to the production and processing of energy products used by TotalEnergies' customers, based on the Company's average emissions, plus
• Emissions related to the use of energy products by TotalEnergies' customers. Products not intended for combustion such as bitumen, lubricants and plastics are not taken into account. Minus
• CO₂ sequestered thanks to carbon capture and storage (CCS) and in natural carbon sinks

By the following denominator:

• The amount of energy sold. Average capacity factor and efficiency are taken into account to align electricity on a fossil basis.

The carbon intensity indicator corresponds to the grams of CO2 equivalent per megajoule (gCO₂e/MJ) associated on average with each unit of energy used by our customers. For the trendline, base 100 = 2015.