Stratégie de transition d’ENGIE : briefing pour les investisseurs engagés pour le climat
Summary
The document criticizes ENGIE for expanding its fossil gas capacity and lacking a detailed transition strategy aligned with a 1.5°C scenario, despite its efforts to phase out coal.
Key insights
- ENGIE has reduced 60% of its total coal capacity through asset sales since 2016, with plans to phase out coal in Europe by 2025 and globally by 2027. However, a significant portion of the remaining 40% reduction involves conversions to biomass or fossil gas.
- While aiming to divest its remaining six coal assets, ENGIE is expanding its fossil gas portfolio, planning over 4.5 GW of additional capacity. Its liquefied natural gas (LNG) activities have grown since early 2022, with import contracts extending to 2042 and involvement in several LNG terminal projects.
- ENGIE's transition strategy is described as incomplete and lacking key indicators for 1.5°C alignment. The company relies on a vaguely defined 'gas decarbonization' strategy and commits only to contributing to a world 'well below 2°C'.
Cite the original document
- APA
- Martin, L. (2023). Stratégie de transition d’ENGIE : briefing pour les investisseurs engagés pour le climat. Reclaim Finance. https://reclaimfinance.org/site/2023/02/07/strategie-de-transition-dengie-briefing-pour-les-investisseurs-engages-pour-le-climat/
- Chicago
- Martin, Léo. Stratégie de transition d’ENGIE : briefing pour les investisseurs engagés pour le climat. Reclaim Finance, 2023. https://reclaimfinance.org/site/2023/02/07/strategie-de-transition-dengie-briefing-pour-les-investisseurs-engages-pour-le-climat/.
- Wikipedia
- {{cite report |last1=Martin |first1=Léo |title=Stratégie de transition d’ENGIE : briefing pour les investisseurs engagés pour le climat |publisher=Reclaim Finance |date=7 February 2023 |url=https://reclaimfinance.org/site/2023/02/07/strategie-de-transition-dengie-briefing-pour-les-investisseurs-engages-pour-le-climat/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{martin2023stratgie, author = {Martin, Léo}, title = {{Stratégie de transition d’ENGIE : briefing pour les investisseurs engagés pour le climat}}, institution = {Reclaim Finance}, year = {2023}, month = feb, url = {https://reclaimfinance.org/site/2023/02/07/strategie-de-transition-dengie-briefing-pour-les-investisseurs-engages-pour-le-climat/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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