08

MORE ENERGY , LESS EMISSIONS

TotalEnergies ’ s Ambition in Terms of Sustainable Development and Energy

Transition Towards Carbon Neutrality , Together with Society .

4year

of energy production between 2024 and 2030

2025 2024 2030

Gas

Oil

Energy production ( in PJ / d )

40 %

40

- 20 %

+ 3 %

- 4 %

+ 5 %

+ 4 % / y

Over the decade 2020 - 2030 ,

TotalEnergies ’ energy transition strategy

based on two pillars is reflected

in the production targets shown below .

TotalEnergies plans to increase its energy

production ( oil , gas and electricity ) , overall

by 4 % per year between 2024 and 2030 .

TotalEnergies is fully engaged in its

balanced and profitable transition strategy ,

anchored on two pillars : Oil & Gas , mainly

LNG , and Integrated Power . This transition

strategy supports TotalEnergies ' ambition

for carbon neutrality , together with society ,

within the framework set out by the Paris

Agreement ’ s objectives , with its call

to reduce greenhouse gas emissions

in the context of sustainable development

and poverty eradication , and its overarching

goals to limit planetary warming to well

below 2 ° C by 2100 compared

with pre - industrial levels .

Climate change is a reality and requires

the collective mobilization of all

stakeholders . The 2015 Paris Agreement

significantly raised the awareness

of the need to tackle climate change and

prompted an enhancement of collective

action to start transitioning the global

energy system .

Our own ability to achieve carbon neutrality

together with society depends on technical

innovation , public policies and consumer

choices , meaning that the pathways

to our carbon neutrality ambition must be

reassessed and adapted over time

in line with the evolution of the global

energy system

In this context the Company maintains

its ambition of carbon neutrality for

the emissions Scope 1 2 of its global

operations by 2050 and proactively works

with its customers to help execute their

own energy transition strategies and puts

on the market a mix of energies with

a lower carbon intensity year after year

2030 : Our Objectives

for More Energy and

Less Emissions

Oil

& Gas

Oil

Gas

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