La dette « durable » de TotalEnergies : un piège pour les investisseurs

Reclaim Finance claims that TotalEnergies is using 'climate-KPI linked' debt to fund a strategy that remains heavily reliant on oil and gas, arguing that these sustainability-linked bonds (SLBs) lack the ambition required by the Paris Agreement and the 1.5°C trajectory.

• TotalEnergies intends to issue all future market debt as 'climate-KPI linked' sustainability-linked bonds (SLBs), which Reclaim Finance characterizes as a marketing tool to fund fossil fuel expansion.
• The company's financial strategy contradicts climate science and international recommendations, as TotalEnergies plans to allocate 80% of its capital expenditure to oil and gas in 10 years and expects gas production to grow by approximately 40% between 2020 and 2030.
• TotalEnergies' current climate targets are deemed insufficient for a 1.5°C scenario; the company aims for a 20% reduction in carbon intensity by 2030, whereas a 90% reduction by 2050 would be required for alignment.
• Reclaim Finance and SumOfUs are calling on major financial institutions—including BlackRock, Amundi, UBS, AXA, Natixis, Société Générale, BNP Paribas, and Credit Suisse—to stop buying or arranging TotalEnergies' bonds to maintain their own sustainability credibility.

APA

admin (2021). La dette « durable » de TotalEnergies : un piège pour les investisseurs. Reclaim Finance. https://reclaimfinance.org/site/2021/09/28/la-dette-durable-totalenergies-piege-investisseurs/

Chicago

admin. La dette « durable » de TotalEnergies : un piège pour les investisseurs. Reclaim Finance, 2021. https://reclaimfinance.org/site/2021/09/28/la-dette-durable-totalenergies-piege-investisseurs/.

Wikipedia

{{cite press release |last1=admin |title=La dette « durable » de TotalEnergies : un piège pour les investisseurs |publisher=Reclaim Finance |date=28 September 2021 |url=https://reclaimfinance.org/site/2021/09/28/la-dette-durable-totalenergies-piege-investisseurs/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{admin2021dette, author = {admin}, title = {{La dette « durable » de TotalEnergies : un piège pour les investisseurs}}, publisher = {Reclaim Finance}, year = {2021}, month = sep, url = {https://reclaimfinance.org/site/2021/09/28/la-dette-durable-totalenergies-piege-investisseurs/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }