Our Ambition: Carbon Neutrality By 2050, Together With Society

Our Ambition: Carbon Neutrality By 2050, Together With Society

The energy transition requires the participation of all stakeholders, from regulators to end customers and industrial players. TotalEnergies is deploying a strategy that supports this collective transition and will enable our Company to adapt to the different scenarios that may materialize depending on developments in low-carbon technologies (adoption rate, cost reduction), geopolitical relations, international trade and consumer behavior.

Climate indicators (XLS)

In addition to our emission reduction projects and the initiatives carried out as part of our overall energy efficiency improvement program, we are developing Carbon Capture and Storage (CCS) to deal with a portion of CO2 emissions generated by our assets.

CCS is an effective way to reduce the emissions from our plants, whether we are operator or partner, together with our other efforts in this area. In Norway, where we have joined forces with Equinor at the Snøhvit plant, around 9 Mt of CO2 have been stored since 2008.

Find out how we are developing carbon capture and storage (PDF)

Ecosystems, especially forests, are natural carbon sinks, which is why it is essential they are preserved if we are to achieve carbon neutrality.

TotalEnergies prioritizes efforts first to reduce its direct emissions. The Company will begin voluntarily offsetting its residual Scope 1+2 emissions through NBS (Nature Based Solutions) only in 2030, gradually increasing up to 2050.

We are investing in regenerative agriculture or wetland protection projects. Our approach involves combining and balancing the value of financial revenue from agriculture and forestry and the value of the benefits to soil, biodiversity, the water cycle and the production of carbon credits.

An annual budget of approximately $100 million is allocated to these projects. We are working to build a high-quality portfolio, focusing closely on the integrity and lasting nature of the emissions reductions and sequestration achieved by the activities financed in this way.

What are carbon credits?

A carbon credit is a certificate for investing in projects that reduce, avoid, or remove a ton of CO2 emissions or similar greenhouse gas emissions elsewhere. These certificates represent the market’s way of mitigating climate change. Carbon credits can be traded between public and private entities on mandatory markets (such as the carbon quota market) or voluntary markets, which may or may not be regulated.

$100 million/year
TotalEnergies’ annual investment in natural carbon sinks

Find out how we are investing in natural carbon sinks (PDF)

Chapter 5.2.1 – “Climate change (E1) - Material impacts, risks and opportunities and their interaction with strategy and business model (ESRS2 SBM-3)”

Universal Registration Document 2024

More Energy, Less Emissions

Sustainability & Climate 2025 Progress Report

March 2025