OUR APPROACH TO

CARBON NEUTRALITY,

TOGETHER WITH SOCIETY

TotalEnergies reaf f irms its approach to be one

of the major players in the energy transition

and shares a vision of what its activities could be

to achieve carbon neutrality, together with society.

08

E D I T O R I A L T H E C O M P A N Y T H E T O T A L E N E R G I E S S H A R E T H E T A X A T I O N S H A R E H O L D E R R E L A T I O N S

about

50%

of its energy in the

form of electricity

including the

corresponding

storage capacity,

totaling around

500 TWh/year, on

the premise that

TotalEnergies would

develop about

400 GW of gross

renewable capacity.

about

25%

of its energy,

equivalent to 50 Mt/

year of low-carbon

energy molecules

in the form of biogas,

hydrogen, or synthetic

liquid fuels from

the circular reaction:

H

2

+ CO

2

e-fuels.

about

1 MBOE

/day

of Oil & Gas about a quarter of the

production in 2030, consistent with the

decline envisaged by the IEA’s Net Zero

scenario), primarily liquef ied natural gas

(about 0.7 Mboe/d, or 25-30 Mt/year) with

very low-cost oil accounting for the rest.

Most of that oil would be used in the

petrochemicals industry to produce about

10 Mt/year of polymers, of which two thirds

would come from the circular economy.

ABOUT

10 MT

CO

2

eyear

OF SCOPE 12

RESIDUAL EMISSIONS

including methane emissions aiming

towards zero below 01 Mt CO

2

e

year those emissions would be fully

offset by naturebased carbon sink

projects

SCOPE 3

(4)

EMISSIONS

TOTALING ABOUT

100 MT

CO

2

eyear

As part of our approach of carbon neutrality

by 2050 together with society TotalEnergies

would contribute to eliminate the equivalent

of 100 Mtyear of CO

2

generated by its customers

by developing carbon utilization CCU and carbon

capture and storage CCS solutions In 2050

our trading portfolio would be aligned with

our productions and sales

By 2050, TotalEnergies would produce:

That Oil & Gas would represent: