TotalEnergies a bien une responsabilité dans la consommation de ses produits
Summary
Reclaim Finance criticizes TotalEnergies for denying responsibility for scope 3 emissions and opposing a shareholder resolution to set reduction targets for these emissions. The organization argues that TotalEnergies influences fossil fuel demand through lobbying and investment and maintains a "climaticide" strategy by planning hydrocarbon production for 2030 that is 81% higher than the level required for a 1.5°C scenario. Reclaim Finance highlights that international standards, such as the SBTi and CSRD, increasingly require scope 3 reporting and targets, and notes that TotalEnergies plans to allocate at least 67% of its 2030 capital expenditures to fossil fuels.
Key insights
- TotalEnergies rejects responsibility for emissions resulting from the use of its products by customers and opposes setting scope 3 emission reduction targets, claiming it has no influence over hydrocarbon demand.
- The company's projected hydrocarbon production for 2030 is 81% higher than what is necessary to align with the International Energy Agency's (IEA) 1.5°C scenario.
- TotalEnergies is the leading European company in developing new oil and gas fields, ranking 7th globally, and intends to allocate at least 67% of its capital expenditures (excluding maintenance) to fossil fuels in 2030.
- Reporting and setting targets for scope 3 emissions have become international norms supported by frameworks such as the Greenhouse Gas Protocol, CDP, PCAF, CSRD, and the Science Based Target initiative (SBTi).
- TotalEnergies has committed to keeping annual scope 3 emissions below 400 MtCO2e by 2025 and 2030, which represents a minimal reduction of 2% compared to the 410 MtCO2e recorded in 2015.
Cite the original document
- APA
- Martin, L. (2023). TotalEnergies a bien une responsabilité dans la consommation de ses produits. Reclaim Finance. https://reclaimfinance.org/site/2023/04/28/totalenergies-a-bien-une-responsabilite-dans-la-consommation-de-ses-produits/
- Chicago
- Martin, Léo. TotalEnergies a bien une responsabilité dans la consommation de ses produits. Reclaim Finance, 2023. https://reclaimfinance.org/site/2023/04/28/totalenergies-a-bien-une-responsabilite-dans-la-consommation-de-ses-produits/.
- Wikipedia
- {{cite press release |last1=Martin |first1=Léo |title=TotalEnergies a bien une responsabilité dans la consommation de ses produits |publisher=Reclaim Finance |date=28 April 2023 |url=https://reclaimfinance.org/site/2023/04/28/totalenergies-a-bien-une-responsabilite-dans-la-consommation-de-ses-produits/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{martin2023totalenergies, author = {Martin, Léo}, title = {{TotalEnergies a bien une responsabilité dans la consommation de ses produits}}, publisher = {Reclaim Finance}, year = {2023}, month = apr, url = {https://reclaimfinance.org/site/2023/04/28/totalenergies-a-bien-une-responsabilite-dans-la-consommation-de-ses-produits/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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