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GETTING TO NET ZERO September 2020 Contents

01 Foreword by Patrick Pouyanné, 18 46 Chairman and Chief Executive Officer, Total Acting on emissions Shaping tomorrow’s 19 Energy efficiency energy 21 Target of zero routine 47 08 Interview with Marie-Christine OGCI: Oil and Gas flaring by 2030 Coisne-Roquette, Lead Companies pool their efforts Foreword by Independent Director at Total 22 Controlling methane 49 O n the front lines Patrick Pouyanné, emissions on carbon pricing Chairman and Chief 50 Industr y associations: reviewing to work better Executive Officer, Total 09 25 together Net Zero by 2050 Acting on products 10 Our Ambition 26 , biogas 15 Scope 3: new objectives and hydrogen: allies of the energy transition 17 An indicator to measure product carbon intensity 29 Electricity: building 53 a world leader Appendices 32 Decarbonizing and saving liquid energies TOGETHER, 34 Acting on demand 35 Mobility, transportation, GETTING TO NET ZERO SEPTEMBER 2020 LET’S SPEED UP industry: promoting less carbon-intensive energy 40 THE ENERGY Investing in carbon sinks 41 De veloping carbon sinks TRANSITION 44 Mobilizing R&D for the energy transition TO CREATE A CARBON-NEUTRAL SOCIETY BY 2050

01 GETTING TO NET ZERO SEPTEMBER 2020 02 towards lower carbon energies. energies. carbon lower towards the Group’sdiversifying offering require will objectives two these Combining emissions. carbon reducing while needs growing those to meet today. job It’s our 50% from ofaround increase an toenergy, access need will worldwide by 2050, 10 some billionpeople that show to grow. Estimates continue will energy for demand and industry along-term is energy for convictions, our shaken not has facing currently all weare crisis health The sales portfolio. product energy its in to changes thanks by2030 value absolute in decline will products to these to announce that related emissions major Total first the is customers. byour used toproducts linked 3emissions ofScope value absolute the and sold products energy for indicator intensity carbon the both concerning 2050 and now between defined have been targets medium-term and short- timing, for As side. byits weare and neutrality, tocarbon road the on already is Europe Geographically, list. the on first 2) are 1and (Scopes operations Obviously, emissions from our report. this in described are that milestones ofinterim a number defined has Group To the there, get century. ofthe half second the for objective neutrality carbon Agreement’s to the way, tocontribute this In Total intends society. with together 2050, by business global its for emissions zero net to get to ambition a new setting by challenge climate the to response its in 2020 in forward step amajor Total took carbon emissions.” energy needswhilereducing “It’s ourjob to meetgrowing improving our energy efficiency, efficiency, energy our improving by emissions direct our to lower We intend goal. obvious an is scopes these across neutrality carbon achieving so them, for responsible are and emissions these over 2). We 1and have control (Scopes facilities production own its from emissions, GHG own its in is for Total to become carbon-neutral ambition ofthis part first The carbon neutrality possible. make that policies to implement have will States because countries, host our in communities and governments from also but naturally, customers, our from help need We will alone. that to do able be wewon’t But customers. byits used products energy tothe production from worldwide, activities its all for society, with together by2050, neutrality carbon toachieve Total’s is ambition century. ofthe half second the a carbon-neutral by society for calls Agreement Paris The Toward carbon neutrality markets. growing these in Group the to position competition, the of ahead steps several to stay proactively, Total working we at are Accordingly, growth. robust see will hand, other the on (natural gas, biogas and hydrogen), gases and electricity low-carbon for markets The decline. then and stabilize will oil for demand that 2 below towell rise temperature the hold which scenario, Total’s and (SDS) Rupture Scenario Development Sustainable Agency’s society. The International Energy acarbon-neutral towards drive the in The global mix energy will change ° C, both show show C, both

gas facilities. and oil operated (Scope 1+2) on emissions GHG 2025 Target CO Mt 4 Less th 0 an

2 e Offshore wind turbines in the North Sea. North the in turbines wind Offshore than 40 Mt CO Mt 40 than with lower carbon intensity. carbon lower with sources energy choose and energy less use them help patterns, consumption their in changes on depending and, products, energy lower-carbon with them provide and choices customers’ to our actively However, contribute wecan gasoline, or hydrogen. electricity use will aircraft or avehicle whether dictate cannot and cement or cars airplanes, manufacture not Total does reverse. the supply,not drives typically demand commodity, any with as energy, In emissions. indirect these over have control We not do 3). (Scope emissions indirect our to 1), correspond (Scope which emissions direct their to reduce them with byworking customers our with neutrality achieve wejointly that requires 2050 for ambition our Next, 50%. bynearly risen have will production Group period, same that from 46 Mt CO Mt 46 from facilities gas and oil operated our at emissions GHG of reducing goal interim an set we have neutrality, carbon toward drive our In storage. and capture carbon as well as forests, in by investing sinks, such as nature-based solutions, carbon developing weare emissions, residual the To address emissions. methane reducing and processes our eliminating routine electrifying flaring, 2 2 e by 2025. During During e by2025. e in 2015 e in toless carbon neutrality in Europe to achieve Total pledging is regard. this in apioneer been has Europe side. by their toward carbon neutrality, Total will be path the on embarks world the of aregion Whenever efforts. these supporting in role a critical play will incentives Government in Europe compared to 2015. compared Europe in customers, byour products ofour use tothe linked 3emissions scope in a30% reduction for calls that 2030 in target interim an set wehave 2050, by Europe in neutrality to carbon road the On together. carbon-neutral become wecan that so ambition, its with line in price acarbon and will adopt policies,regulations Europe that confident We are Total. for undertaking amajor is this so 3emissions, Scope of our 60% some for accounts Europe 1+2+3) (Scope earlier. or by2050 customers byits used products energy the and production ofits all in absolute value by2030. value absolute in decline will 3emissions Scope worldwide that say already wecan Europe, in customers our by shift anticipated the given 1+2+3). (Scope by 2040 addition, In of15% 35%steps and by2030 interim with by2050, 60% than bymore customers byour used products energy ofthe intensity carbon average the to reduce ahead with our own global ambition moving weare commitments, regional new those we await while And society. with together carbon-neutral webecome to ensure Europe, as path same the adopt they when regions toother pledge expand this carbon neutrality wewill level, global the at Lastly, 1 for for customers. used by Total’s of energy products intensity indicator the average carbon the reduction in Ambition for - and Norway. and the , to here 1. Refers 60 % 03 GETTING TO NET ZERO SEPTEMBER 2020 renewable electricity 35 generation by 2025. 04 Target capacity for GW and customer demand. products, our emissions, our fronts: three on action taking we are Group, energy To broad this forge 2030. and 2026 between 20% than tomore and 2025 2021 15% and than between tomore average on increase will share major. That other any than more electricity, and to renewables 10% than investments ofits more 2015,Since allocated Total has GWby2025. to35 capacity generation power renewable gross for goal investment our lifted We have energies. renewable in force amajor tobecome efforts its pursuing Total therefore is gas. natural 50% for and 35% products oil for versus sales to15%power, surging ofour renewable particularly and electricity, wesee by2030, products Group for indicator intensity carbon the To in a15% achieve reduction 5%. electricity and 40% gas natural sales, our 55% for of accounting products oil with substantially, changed already 2019,By had mix our 1%. than less electricity 33% and gas sales, 66%ofour for accounted 2015, In mix. products oil energy its diversify Total must elsewhere, and Europe in ambition, To this fulfill Key steps improvement of more than 10% than ofmore improvement an into translated has This basis. alasting on efficient energy more facilities industrial our tomake campaign our weemissions, are continuing Group’s the to reduce First, Acting on emissions a CO weestablished reduction, emissions in momentum strong this To sustain assets. non-operated include and gradually extend will that program reporting methane ambitious a more with (OGMP), Partnership Methane &Gas Oil of the phase asecond on wehave embarked addition, In 0.1% produced. gas ofcommercial than ofless atarget with to zero, close facilities gas operated at emissions methane to maintain acommitment made have therefore We dioxide. carbon than potential warming greater far has which ofmethane, emissions its limit tostrictly need will it transition, energy the for promise its tofulfill is chain value gas natural integrated Ifthe emissions. methane our reducing weare time, same At the since 2010. 80% than bymore cut been has facilities upstream at flaring routine addition, In consumption. energy 66% ofTotal’s for accounts which the Refining & segment, Chemicals in efficiency energy maximize to million $450 investing we are 2010. 2018-2025 the For period, since We also systematically post emissions emissions post systematically We also ofexpertise. Total’son array full Hydrogen in . 2 Task Force in 2019 that draws 2019 in Task draws that Force second on the world world the on second N° LNG market. Tota

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Amsterdam greater the in stations charging EV new 20,000 for aconcession won also has Group The affiliate. Saft ofour expertise the manufacturing, leveragingbattery vehicle electric to develop PSA Groupe with venture of ajoint we have announced the creation mobility, electric Concerning and changing land use at the source. the at use land changing and ofdeforestation causes the to reduce withcooperation local communities, in production, forest and farm local for chains value the include systematically regions, temperate and tropical both in located projects, These years. 30 next the over of of tonstens of millions carbon sequester will conservation and restoration Forest partners. our with operations are being negotiated additional several and launched to be about is America South in project agroforestry initial An by 2030. 2 per year year per up to1.5up CO Mt tostore capacity includes phase initial The manufacturing. cement and as such energy, to fossil thatindustries have few alternatives decarbonizing at aimed project major first our is This Norway. in project Lights Northern the to initiate Shell and with forces Total ofCCS, joined field the In analysis of $100 a ton as from 2030. from of$100 as aton analysis asensitivity and aton of$40 price acarbon weapply investments, our of each Moreover, for incomes. lowest the with tothose resources for while consumers redistributing incentive an creates which dividend, acarbon toestablish member) Total afounding (of is which Council Leadership Climate bythe a proposal Total supports reason, that For alike. businesses and individuals is acceptable to customers, trajectory price carbon the that ensure ofcourse, We must, technologies. carbon-intensive least the promoting for tool amajor is This pricing. carbon them among neutrality, ofcarbon cause the advance that policies championing and with governments and consumers partnerships Totalwhy forming is That’s shared. is it if sustained be only can momentum This Collective momentum that we operate. fields offshore ofdepleted most the tomake the in notably projects, other studying also 2 per year. We per are year carbon sinks by 2030. by sinks carbon storage in natural Target for long-term CO Mt 5

2 / emissions linked to products used by used toproducts linked emissions 3 Scope that topledge major energy 1+2+3), (Scope first the weare as emissions associated fewer with 2015, in than but energy more athird supplying tobe we expect 2030, for projections our In reliable. more and cleaner both is that energy todeliver mission its out carries it as changing and move Total the on is louder than words. speak actions Clearly, of2020. as Europe in electricity and gas for have nine million customers nearly wewill continuing: is trend that And tripled. than have more of LNG sales while ofelectricity, sales in increase eightfold anearly to achieve Total allowed have that billion, $20 investments,substantial exceeding reflects performance by6%. This sells it products energy ofthe intensity carbon the reduced Group the 2015 2019, Total. and as Between much as mix energy its decarbonized done: no major other energy has wehave what just that’s way–and the tolead ready weare weshow if only credible is 2050 for ambition Our words than louder speak Actions amember. as views own its topromote others two with dialogue organization and to engage in frank one from towithdraw Total chose year, This views. diverging even or ofconcern points remain there cases, Total’s, with some in but aligned are that positions hold organizations ofthese majority vast The own. our with coincide they to confirm positions on climate change associations’ main the we review year, Each associations. industry ofnumerous TotalLastly, amember is development of new expertise. expertise. ofnew development the and businesses of our investments, the diversification concrete our in reflected as committed, fully weare to which path It’s a neutrality. tocarbon service lip At Total, paying we’re just not stakeholders. its ofall interests the transition is fundamentally aligning Total’s large. at energy community the employees, and shareholders customers, stakeholders: ofour all for value creates it because advantage, competitive astrong offers strategy low-carbon this believe We firmly by2030. value absolute in decline will customers our Total SunPower solar power plant, Prieska, . South Prieska, plant, power solar SunPower Total into its investments. factors Total that carbon of price The 40 $/t 07 GETTING TO NET ZERO SEPTEMBER 2020 08 and businesses. aspects ofTotal’sall different framework that encompasses aholistic in included now is policy This time. over defined clearly more and broader both become has Total has developed a policy that In the face of global warming, milestone. anew we’ve reached this is an exciting challenge: ofDirectors, Board the For years. thirty next the over changes to major Total commits 5,2020, May on announced by2050, neutrality ofcarbon ambition new This ambition? climate new Total’s view you do How Committee. &Ethics chairs theGovernance Marie-Christine Coisne-Roquette Lead IndependentDirector atTotal, chairs the Governance &Ethics Committee. Lead IndependentDirector at Total, andCEOofSonepar,chairwoman Coisne-Roquette,Marie-Christine a new milestone” “Total hasreached distribution in Spain. power in toinvest plan recent the about Board the to consult the Executive decided Committee low-carbon For businesses. example, about decisions in involved closely us keep executives these end, their On by Total’s management. senior thechallenges strategies proposed trends and monitors industry issues, toclimate attention close pays It Committee. Executive by the proposed projects reviews Board The climate change? Totalsupporting in addressing Directors of Board the is How environment. regulatory the in changes as well as demand, in shifts to encourage it transition, it is rallying around energy the for deck on to be need players all that Total knows stakeholder dialogue. Because of aculture and operations its long-term outlook that typifies with the transition the energy tackling is Group The way possible. best the in need that to address Total working and is energy, for need agrowing has world The transition? energy the with to reconcile business growth plan Group the does How in our management and strategy. strategy. and management our in atransformation driving up ended led by Patrick Pouyanné, has the transition. That approach, in arole toplay by seeking strategy aproactive Total chose than go on theRather defensive, in 2015 was a point. turning Agreement Paris The Board. the that management brings before issues the in prominently more tofeature come has climate how I’ve seen SunPower, and in a stake 2011,since Total acquired year the Board ofthe amember I’ve been the Board? observed since joining What changes have you demand. in growth for scenarios various the with consistency its and way under transformation the our thinking about the pace of inform They members. Board our among expertise climate deep with We’re fortunate to have people by 2050 Zero Net used by itscustomers. business across itsproduction andenergy products by 2050, together with society, for itsglobal Total’s ambition isto getto net-zero emissions 09 GETTING TO NET ZERO SEPTEMBER 2020 ambition Our 10 fuels value chainandthe development ofcarbon sinks. by anintegrated strategy across the gas,electricity andliquid by 2050 together with society. This ambitionisbacked to the energy products usedby itscustomers (Scope1+2+3), carbon neutrality for allofitsoperations, from production MayOn 5, 2020, Total announceditsambitionto reach that support Net Zero, including including Zero, Net support that an active advocacy for policies Total develop Zero, will to Net Total and toget To world the help 1+2+3). (Scope customers by its used products energy to the acrossbusiness its production global its for society, with together by2050, emissions Zero to Net toget ambition the Total shares neutrality carbon to road the On itAnd is yielding concrete results: 2 below well ascenario on aligned prices hydrocarbon long-term with of energy. This strategy is resilient linked to the decarbonization at opportunities capturing business aims and goals Agreement Paris the from stemming evolutions market anticipated the around goals: Total’s strategy is built these with consistent be to aims Paris Agreement, and its strategy the of aim the Total supports its industry peers. industry its by unmatched is that a record 2015, by6% since sells it products energy ofthe intensity carbon average the Total reduced has ° . its businesses inits Europe businesses all for commitment Total that takes time, over neutral carbon to become regions other wayfor the lead thereby and by2050 emissions Zero Net toachieve target the set EUhas the As aregion. such in customers byits used products energy and production its all across by2050 emissions Zero Net toachieve Total commit will regulations aiming at Net Zero, and policies totake commit Governments in a given region where To ambition, that achieve ofdecarbonization energy use. toother businesses enable will with work together Total well. as Zero toNet get to help and countries corporations also but ambitions own its deliver to only not capabilities its willmobilize and pricing, carbon facilities gas and oil operated on ( emissions GHG 2025 Target 40 L ess than 1 Mt . Scope 1+2) Scope . of its electricity purchases purchases electricity of its for carbon neutrality for all aiming is Group the Furthermore, of CO Mt 46 from facilities gas and oil GHG at emissions its operated emissions from purchased energy) 2(indirect Scope and emissions) 1(direct Scope of reducing objective interim an Total set has tofacilities. changes making or principles, optimizing processes to adopting new operating efficiency energy improving from site, each at emissions cutting for initiatives 500 were identified than more 2020, In teams. mobilizing each site’s operational involves particular in that a goal emissions from Total’s operations, toreduce is challenge primary The their emissions Mobilizing sites to reduce its active support. active its including its customers, with players, byother taken actions low-carbon technologies and on in progress public policies, reduction objectives based emission its toreview Total plans To achieve carbon neutrality, of CO CO 2 2 e. Mt 40 2015 than e in toless 2 e at Norway and the United Kingdom. United the and Norway Union, European the to here refers 1. “Europe” 3. 2. 1. 60% or more reduction reduction more or 60% (Scope 1+2).(Scope by 2050 or sooner operations worldwide Net Zero across Total’s across Zero Net by 2040 (Scope 1+2+3). (Scope by 2040 35% 15%of and by2030 with intermediate steps by2050, customers byTotal worldwide used intensity of energy products carbon average the in (Scope 1+2+3). (Scope Europe in customers by its energy products used and production its Net Zero across all all across Zero Net THREE MAJORSTEPS TO GETNETZERO

1 by 2050 or sooner sooner or by2050 11 GETTING TO NET ZERO SEPTEMBER 2020 12 -1 its customers between 2015 and 2030 2015 and between customers its carbon intensity of Total ambition is to reduce by15 reduce to is Total ambition 5 energy products used by more by 2050. or 60% of 35% and by2040 intensity carbon average in reductions toyield term, longer the over accelerated even and maintained be will efforts Those 2030. –and Agreement Paris of the 2015 15% date –the least between ofat areduction for aiming is Total term, near the In transition. consumers tohelp deployed andpatterns public policies depend on changes in consumption will decline That customers. its by used products energy of the intensity carbon average the toreduce ambition Total the has energy products carbon lower towards Moving operated regional capacity. power generated through Total’s byrenewable met be therefore would – refineries ofits those including – needs electricity sites’ ofits All % sites in Europe by 2025. by 2025. Europe in sites % the average average % the . will prepare an annual report report annual an prepare will Group The Agreement. Paris the in out laid goals ofthe light in toreview subject is technology, and ofenergy forms other in and resources gas and ofoil development in exploration, acquisition or including Total’s investments Every significant capital expenditure, Allocating investments of the latter). (with biofuels comprising 15% 35% products oil about and products 50% gas 15%to be electricity, projected is mix however, sales the 2030, By products. gas were third one and products oil were thirds two ofwhich products, fuel offossil overwhelmingly consisted mix 2015, In sales the changing. be will Group bythe sold products ofenergy mix the purpose, that For 50 identified in the field in 20 in field the in identified initiativesemissions-reduction decisions, and conducts a sensitivity investment ofits all for aton $40 of price acarbon Total applies countries, host ofits some in force in currently not are prices carbon if Even SDS. IEA the with converges that trajectory a price Agreement objectives, using that are compatible with the Paris and gas price projections oil long-term on Total relies year. the during made progress on and carbon, and gas oil, for assumptions price its including uses, it criteria the on Ov er 0 20 . percentage to over 20% by 2030. 20% toover by2030. percentage that increase major. will It other any than more electricity, and renewables to budget 10% investment than ofits more allocates currently Group The to a become major international force. order in growth its Total pursuing is energies, renewable In volumes. over creation to value preference gives Total businesses, upstream its In 2030. in of$100 beginning aton price carbon aprojected with analysis Solar panels on a roof, . Arab United aroof, on panels Solar

13 Scope 3: The scenarios that underpin Total’s strategy new objectives

Total has control over emissions related to its operations (Scopes 1 and 2), which means it can take the necessary steps to reduce them. GLOBAL ANTHROPOGENIC GHG EMISSIONS Emissions related to the use of Total’s products 1 Based on AR4 GWP coef in particular GWP100CH4 = 25 by customers (Scope 3), by contrast, will depend on many other factors, and consumption GHG emissions have more than doubled in 55 Gt CO2e in 2018 the past 50 years and fossil fuel energy consumption 60 choices by our customers in particular.

accounts for more than 80% of global CO emissions e/year) 2 2 50 and around two-thirds of GHG emissions. 24%

40 10% 25 Gt CO in 1968 To illustrate the difference between Scopes 1, 2 2e 3% and 3 (which is explained in the section that follows), 30 14%

note that the GHG emissions of 55 Gt of CO2e shown CO2 on this graphic correspond to Scope 1 emissions by 20 22% 76% businesses and individual emissions, i.e., total direct The GHG Protocol 1 defines Indirect scope 3 emissions accounted Over 10 emissions. Indirect emissions categorized as Scope 2 27% three categories, or Scopes, for in relation to a company that Global GHG emissions (Gt CO (Gt emissions GHG Global or 3 emissions are not included. 0 of GHG emissions by businesses: supplies energy products correspond 1968 1978 1988 1998 2008 2018 • Scope 1, which includes to the direct (Scope 1) emissions all emissions directly tied to of the consumer of those products. a company’s operations. For example, emissions tied to 1. Global Warming Potential. Methane and nitrous oxide CO2 from gas 2 • 2. Land use, land-use change, and forestry. CO2 from LULUCF CO2 from oil Scope 2, which measures indirect kerosene sold by Total are included % th Source: Global Carbon Project; IPCC 5 report. CO2 from cement and flaring CO2 from coal emissions connected with a third first in the Scope 1 emissions party’s production of electric of the airline that uses that kerosene, of85 emissions from oil products arise or heat energy that the company but are also accounted for in Total’s during their use (Scope 3). uses for its operations. Scope 3 indirect emissions. • Scope 3, which includes other

GETTING TO NET ZERO SEPTEMBER 2020 GLOBAL DEMAND indirect emissions. Scope 3 emissions are not additive: several other players in the value Mboe/d Under Scope 3, Total reports, chain will include the same emissions According to the IPCC scenarios, if humanity is among others, emissions connected in their Scope 3 accounting as well. 2018 2040 2050 350 to limit the rise in temperatures from pre-industrial with customers’ end use of the In our example, the emissions times to well below 2°C, it must achieve carbon products it sells, i.e. combustion connected with an airplane flight 300 neutrality between 2050 and 2070. to produce energy. are counted directly in the airline’s 250 Scope 1 emissions, but also To define an energy mix that would meet the world’s A few examples for indirectly in the Scope 3 emissions 200 energy needs while reducing emissions, Total analyzed understanding a broad energy for the aircraft manufacturer, 150 the scenarios prepared by the IEA up through 2040 company’s Scope 3 emissions the engine manufacturer, the fuel and developed its own long-term scenarios to 2050 Between 85% and 90% of emissions supplier and the airport. 100 in its Total Energy Outlook. Those projections highlight from oil products are generated some critical challenges and identify possible options during their use (Scope 3), while just The cement industry offers another 50 for modifying the world energy mix. 10% to 15% are generated during example. Limestone generates large

0 production (Scopes 1 and 2). quantities of CO2 when burned in kilns TEO RuptureTEO RuptureIEA SDSIEA RuptureIEA TEO RuptureTEO Total’s Rupture scenario, compatible with a temperature at high temperatures. This chemical rise well below 2°C, assumes major technological, reaction accounts for more than Gas Nuclear economic and political breakthroughs. The scenario 60% of the GHG emissions generated 1. The Greenhouse Gas Protocol Oil Renewables presents slow growth in energy demand in 2050 and to produce a ton of cement; the was established in 1997 as part Coal marked changes in the energy mix: renewables will have remainder derives from the of a partnership between the World Resources Institute and the World more than tripled and gas will have increased, while coal combustion used to heat the kilns. Business Council for Sustainable Sources: IEA World Energy Outlook 2019, Total Energy Outlook (TEO). has become residual and oil will have sharply declined. Those emissions are included in Development.

14 15 An indicator to

the cement manufacturer’s Scope 1 dioxide) are then applied to those SCOPE 3 EMISSIONS (MT CO2e) direct emissions, but they are sales to produce an emissions factor 1. measure product also recorded as Scope 3 indirect emissions for the cement kiln The volumes included in the 400 manufacturer, the cement plant calculation include liquid fuels sold builder and the energy provider. by Marketing & Services and Refining 2 carbon intensity For the energy provider, only (oil products, biofuels), LNG sales from combustion-related emissions Total’s share of production and iGRP’s

are included, i.e., four tons of CO2 for commercial sales of natural gas. -30% Total has developed a carbon intensity indicator that evaluates Total out of the 11 tons of CO2 emitted 200 by the cement manufacturer. Europe accounts for around 60% the average GHG emissions for the energy products used of Total’s Scope 3 emissions. by its customers. The Group can use the indicator to track When calculating overall GHG They are primarily related to sale emissions from human activity, of products (1.5M b/d customer demand for lower-carbon products and to evaluate only direct (Scope 1) emissions in 2019) and the marketing of gas the pace of the energy transition. are considered; indirect emissions products (10B cu.m/y in 2019). (Scopes 2 and 3) are not included. 2015 2030 For those Scope 3 emissions, the Scope 3 related to products Group is setting new 2030 targets: Europe used by Total’s clients - targets • In Europe, a 30% reduction Rest of world Total’s carbon intensity indicator In accordance with IPIECA for 2030 in absolute emissions from 2015 estimates the overall emissions recommendations, when the nature For a broad energy company like levels – a major step toward associated with the energy products of a value chain within an integrated Total, Scope 3 is valuable for neutrality by 2050. used by its customers. The indicator company requires trade-offs, the estimating emissions associated • Worldwide, a reduction in absolute measures the average GHG emissions maximum flows from that value chain with the end use of products sold emissions from 2015 levels, of these products per unit of energy are used for calculation purposes. (Category 11 of Scope 3 under despite the anticipated growth across their entire life-cycle, the GHG Protocol). Emissions in customer energy demand from the time they are produced This carbon intensity indicator in that category are calculated on over the decade to come. to their end use. declined by 6% between 2015 the basis of sales of finished products and 2019. That is an industry record, immediately prior to their end use, 1. The emission factors used are taken from Total calculates the indicator attributable to growth in natural i.e., combustion to obtain energy. a CDP Technical Note: Guidance methodology by dividing: gas and renewable energies for estimation of Scope 3 category 11 emissions Stoichiometric emissions factors for oil and gas companies. and the actions Total has taken (oxidation of molecules into carbon 2. Wholesaling volumes. The following numerator: to improve energy efficiency in

GETTING TO NET ZERO SEPTEMBER 2020 • Emissions related to the production its business segments. and processing of the energy products used by Total customers, calculated on the basis of average NET CARBON INTENSITY OF PRODUCTS SOLD emission rates. Base 100 in 2015 (71 gCO2e/MJ) AVIATION INDUSTRY CEMENT INDUSTRY • Emissions related to customers’ use Example: Kerosene-Related Emissions Example: Emissions Connected With of these energy products, calculated Ambition for a 1,000-km Flight the Construction of a 100-sq.m House by applying stoichiometric emissions vs. 2015 factors per product to obtain a quantity of emissions. Non-fuel Actual > - 15% - 35% - 60% AIRLINE CEMENT MANUFACTURER products (asphalt and bitumen, - 6% or more 22 tCO2 Scope 1 11 tCO 2 lubricants, plastics, etc.) are not 100 taken into account. AIRCRAFT TOTAL AIRPORT CEMENT TOTAL • Total’s negative emissions stored MANUFACTURER 22 tCO2 2 tCO2* Supply of goods PLANT BUILDER 4 tCO2* through CCS and in natural carbon and services 22 tCO2 11 tCO 2 sinks.

ENGINE CEMENT KILN By the following denominator: MANUFACTURER Scope 3 MANUFACTURER • The quantity of energy sold. Average 22 tCO2 (not additive) 11 tCO 2 load factor and efficiency are used

Source: the French civil aviation authority (DGAC) to obtain equivalents for electricity and Aéroports de Paris, for a flight with 200 passengers. Source: SETIS, application for 18 tons of cement. generated from fossil fuels and other 30 * Emissions connected with takeoff and landing. * Emissions related to the combustion. sources. 2015 2019 2030 2040 2050

16 17 GETTING TO NET ZERO SEPTEMBER 2020 emissions on Acting 18 to reduce methane emissionsfrom oilandgasproduction. flaring, electrifyingitsprocesses andcontinuingefforts by improving energy efficiency, eliminatingroutine Total isaimingto reduce itsdirect emissionsby 2050, operations isthe firststep toward carbon neutrality. Cutting GHG emissionsgenerated by the Group’s efficiency Energy and expected to last seven years years seven to last expected and 250 projects almost Spanning consumption. Group’s energy of the 66% for accounts which segment, in the Refining & business Chemicals to maximize energy efficiency Total million invested has $450 nearly maintain that pace. to efforts its continuing is and 10%, than bymore facilities at its operated efficiency energy 2010, Since Total improved has toTotal’s relative ofactivity. level consumption energy primary net measures GEEI The todate. progress Group’s overall ofthe a snapshot toprovide (GEEI) Index Efficiency Energy Group the introduced it 1% by 2011, In ayear. facilities energy efficiency at its industrial improving of atarget set Total has Jubail refinery, . sites more energy-efficient. corporate culture, Total ismakingitsoperated innovation, backed by anincreasingly climate-minded Thanks to technological enhancementsand of the air conditioning system. conditioning air of the efficiency the track site’sthe buildings on sensors temperature 30 addition, have savings. yielded energy In efficiency furnace in gains resulting The protocol. LoRa low-power the via communicate that sensors withcracking furnaces 170 wireless steam its equipped has Group the France, l’Orcher, Gonfreville in complex Total’s at Normandy example, For an energy efficiency mindset. cultivating and systems management energy installing facilities, efficient heat integration, designing to upgrade operations, improving practices, deploying technology best sharing efficiency, energy tracking and measuring include that aplan includes wide of array initiatives performance (2018-2025), energy that ISO 50001-certified. 50001-certified. ISO now are ofTotal’s France in All sites improvement. continuous ensure to management data on focus aparticular with efficiency, energy toenhance policies devising for aroadmap out sets standard The 50001. ISO as such astandard with accordance in audited be can that an energy management system tohave projected are year per equivalent ofoil tons 50,000 than more consume that sites operated ofTotal’s all of2020, end the By $ 450 Refining & over Chemicals seven years, 250 projects 250 projects years, seven improvement since 2010 since improvement on our operated sites operated our on en in investments in KEY FIGURES 1 ergy efficiency More 0 than million

% 19 GETTING TO NET ZERO SEPTEMBER 2020 speeding the transition transition the speeding 20 implementing solutions. solutions. implementing for support provides and cases, business builds and studies conducts technical feasibility to Total sites, services consulting diagnostic analyses and offers To performs it end, that solutions. low-carbon ofnew emergence the organizations and encouraging Total among synergies creating site, initiatives reduction carbon at each Squad is tasked with accelerating emissions reduction goals. The their fulfill businesses Total its tohelp across works team the skills, soft strong and expertise technical located within GRP. Combining project Total a cross-functional IN EUROPE BY RENEWABLE POWER NEEDS ELECTRICITY SITES TOTAL’S OF OPERATED COVERAGE The CO CO 2 Fighters Squad is is Squad Fighters 2 Fighters Squad: Squad: Fighters Spain Netherlands France Belgium by Marketing &Services. by Marketing solutionsmobility developed sustainable GRP, the at as well as solutions, including those developed offull complement low-carbon Total’s includes toolbox Squad’s The 10 by renewable energiesby2025 of Total’s electricityneedsinEur Germany 0 . ope cover % by close to 2 Mt CO to2Mt by close reduced be will assets operated 2from Scope parties. to third the surplus energy being sold with by2025, 10 TWh almost generate will they 2020; in acquired it Spain in farms solar several on Toby 2025. Total draw will that, do power renewable –with offices and sites commercial and industrial its at 6TWh almost –totaling Europe in needs electricity ofits all to meet expects Group the Moreover, Total refineries. from emitted and capturing and storing carbon supplying facilities with biofuel vessels, shipping hybrid to promoting sites Group’s production the at from installing renewable farms the Group’s operations. They range decarbonizing in arole play could that projects potential 500 than more Total identified has ed 2 year. per by 2030 by flaring routine zero of Target between 2010 2020. and between by80% flaring routine of reducing 2017,In objective interim Total its met by2030. activities production in gas ofassociated flaring routine to end ambition acommon share that andcountries international institutions producing companies, gas and of oil anumber together brings initiative Today, project. that by2030” Flaring Bank in launching the “Zero Routine World the tojoin company first the 2014 in Total became commitment, projects. with that Consistent new all on practice the from refrain to vowed has Group the and 2000, since aTotal priority been –has emissions GHG direct reducing toward step – amajor Phasing out routine flaring (emergency shutdown, safety-related tests, etc.). that operations are conducted safely at production sites ensure to flared is gas associated which flaring,in safety include not from occasional does or intermittentflaring and or commercialization of produced gas. Routine flaring differs conditions the permitting reinjection, on-site utilization geological adequate of absence the in operations production oil Routine Flaring Initiative), refers to flaring during normal Zero Bank’s World the of (part Partnership Reduction Flaring Gas Global the by defined flaring,as Routine flaring altogether atitsoperated facilities by 2030. projects. The Group haspledged to discontinueroutine flaring, andhaseliminated itinthe designofallitsnew Total haslongbeencommitted to reducing routine SPOTLIGHT: THREETYPESOFFLARING of any kind. of any flaring on reliance its tolimit of ways avariety in sites existing its retrofitting currently is Group The block off the Nigerian coast. coast. Nigerian the off block 102 OML the in field Ofon the at introduced practices of new success the given reach, within appear goals Those period. time same the by80%over of flaring types all toreduce and by 2025, completely in flaring Total now aims to eliminate routine by70%. flaring routing by reducing 2014 2019, and between largely years, five just in third by one reduced been has flaring Nigeria, In in Nigeria over five years third one of Reduction

compressor shutdowns. during flaring occasional for need the toeliminate optimized been has production where 58, OML block on those as such fields Nigerian other at initiativesFurther are underway field. Egina the for adopted was flaring routine ending and gas strategy of exporting associated Asimilar flared. ofbeing instead plant LNG Nigeria onshore the compressed and exported to now is gas associated The Egina FPSO

21 GETTING TO NET ZERO SEPTEMBER 2020 emissions methane Controlling one quarter ofcurrent global warming 22 cold venting and systematically continuous and gas of instrument use the eliminating include They emissions. near-zero methane toensure intended standards design follows Group the projects, new For pages), venting and fugitive emissions. previous (see flaring emissions: ofmethane sources primary the To Total addressing that, is do 0.2%. than less at intensity emissions methane that maintain to is goal The installations. gas and oil upstream operated all at produced gas of commercial 0.2% ofaround intensity emissions amethane represents This operations. upstream from came 2019, in kt 68 98%at ofwhich stood Total’s emissions methane gas produced. gas 0.1% than of less ofcommercial atarget with to zero, close facilities gas operated at emissions in 2020 to methane maintaining 2010by 45% committed since and emissions its cut has Group the best: industry’s the among is regard that in methodology adetailed using emissions methane its disclose and reduce to steps taking been Total has decades, three than more For 100 years at least25timesgreater than that ofcarbon dioxideover Methane isapotent GHG with aglobal potential warming can continueto play akey role inthe energy transition. in those emissionsare vitalto ensure that natural gas

3 1 Its performance performance . Its . Methane emissionsare responsible for nearly existing facilities. facilities. existing ofits all at gas of instrument use the out phasing is and withassociated venting (see sidebar) emissions toreduce campaign amajor launched Total also has Nigeria. in Egina and Congo ofthe Republic the in Nord Moho CLOV , in projects: several on done already has Total as flares, closed installing The Elgin-Franklin Platform in the North Sea. North the in Platform Elgin-Franklin The 2 . Rapidreductions oil and gas facilities. gas and oil Target < 0 methane int . ensit

2 y at operat % ed in technology. AUSEA devices made possible by advances as well as continuous measurement devices aerial drone-mounted or satellite-based with supplemented be will efforts Those basis. aregular on leakage tomeasure cameras Total uses ground-based infrared To detect fugitive emissions, and measuring gas leaks. leaks. gas measuring and innovative technologies for detecting evaluates and Total tests There, France. southwestern in Lacq, in site plant aformer at located and also at the Group’s TADI the at also and sites Total’s at tested industrial been have They source. their locate and pattern dispersion their estimate emissions, toquantify sensors miniaturized use (CNRS), Research Scientific for Center France’s National with developed in partnership by the Environment Environment Nations United by the funded jointly Studies Science Methane the as such efforts research and to financial support international technical Total providing is a priority, emissions methane reducing made Climate Initiative (OGCI), which has Gas and Oil ofthe a member As reporting framework. methane extensive amore for (see sidebar) Methane Partnership &Gas Oil the with phase a new onto Total signed has particular, In them. reduce and measure to detect, methods as well as emissions, methane about knowledge disseminate widely and to improve initiatives industry and partnerships international in Total involved is Taking collective action t Close < at operated gas facilities 0 o zero metha o zero . ne i ne 1 4 ntensity ntensity drones, drones, .

5 facility, % in the . States. United the in the rollback of methane regulations publicly voiced its opposition to 2019 late in Group the and emissions, aimed at reducing methane Total initiatives regulatory supports chain. value gas natural the across on reducing methane emissions Principles Guiding Methane to the 2017,In asignatory became Total also effective. most be can it where investment focus Group the help will research That Fund. Defense Environmental the and Commission Programme, the European 5. Transverse Anomaly Detection Infrastructure. Detection Anomaly Transverse 5. for Environmental Application. 4. Airborne Ultra-light Spectrometer UNEP-CCAC-OGMP. the with Line in Reporting aMethane Establish to How Petroleum (SPE), Engineers document 179288-MS: of Society the to presented Methodology 3. 2000-2017. Budget Methane Global The al, et 2. Saunois inventories until 2024. GHG national in use for recommends UNFCCC the which report, IPCC 1. Fourth about 74 kt of CO 74 of kt about prevent will that amove vent, the reroute to was choice Their emissions. site’s the cutting for solutions three identified engineers study, extensive an Following annually. methane of tons 3,600 totaled unit regeneration glycol the to traced emissions Vented Scotland. in , of east kilometers 240 approximately Sea, North British the in located is 2001, in stream on came which field, condensate and gas Elgin-Franklin The emissions. significant with asite as out singled was Elgin-Franklin inventory, that of course the In venting). process or (cold facilities its at release methane atmospheric of sources the of analysis an on embarked Total 2018, In SPOTLIGHT: ELGIN-FRANKLIN

2 e annually. e annually. industry practices. industry best tosharing commitment methane and strategy its Group’s the of reflection is a tangible new partnership this in Total’s membership activities. reductions for operated target of definition the and measurement campaigns the deployment of aerial of inventory methodologies, reporting byfacility, emissions framework includes itemized scope. That expanded non-operated and chain value gas entire tothe expanded framework, ambitious reporting amore defining at aimed partnership the of phase a new 2.0, OGMP Total joined 2020, In emissions. methanereduce and report tomeasure, efforts promotes and NGOs. The initiative governments businesses, private together brings which Environment Programme, Nations United the of (OGMP) Partnership Methane &Gas Oil the in Total participates REPORTING SCOPE ADOPTING ANEW OGMP 2.0: 23 GETTING TO NET ZERO SEPTEMBER 2020 24 were caused by: by: caused were emissions 2019,In methane venting. and flaring to reduce thanks primarily to projects continue, will downtrend this that anticipates 2019.and Group The 2010 by45% between declined emissions methane Upstream to Refining &attributable Chemicals. 2% were and operations upstream by generated 98% were of which • • • • ofCH kt 68 scope: operated its across 2019 in emissions Total’s methane figures in emissions Methane Operated scope equipment, and units 20%: certain EMISSIONS SOURCES TOTAL’S SCOPE1EMISSIONSIN2019 N CH a standardized basis at 2% at (flaring) basis a standardized and couplings (fugitive emissions) emissions) (fugitive couplings and flanges valves, from leaks 11%: venting) devices (process pneumatic gas-powered and unloading, glycol dehydration and loading gas and oil treatment, water including venting) (cold facilities selected at venting gas 28%: occasional or continuous on estimated flared, of gases 34%: incomplete combustion CO 2 95% O 4 2 4% 41 Mt CO Mt 41 Total GHGs GHGs Total of which: 1%

2 e, 4 , • incomplete gas combustion, combustion, gas 7%:incomplete particularly in turbines, furnaces, furnaces, turbines, in particularly on the equipment (combustion). (combustion). equipment the on to1% 0.5 at depending estimated heaters, and generators steam kt CH Operated scope and Gas Supply Chain,” published in 2018 by Alvarez et al. al. et 2018 in byAlvarez Chain,” published Supply Gas and U.S. Oil the from Emissions ofMethane “Assessment and 2017) Outlook Energy (World IEA, EPA, the bythe reported levels intensity the with activities operated upstream its in intensity ofTotal’s emissions methane Comparison 0.0% 0.5% 2.0% 1.0% 1.5% COMPARISON OF METHANE EMISSIONS INTENSITY 100 150 50 0 4

0.8% 2015 EPA 0021 2019 2025 2015 2010 120 2017 1.1% IEA IEA -45% 93 < 0.1% Total Total 2019 66 Alvarez Alvarez and al. al. and 2018 1.9% < 0.2% Total Total 2019 Flaring Cold venting venting Process Fugitive emissions Combustion gas Upstream Upstream activities activities gas and oil products on Acting on oilinvestments with alow breakeven point. the Group issolidifying itsrole inbiofuelsandconcentrating from renewable resources. When itcomesto liquidfuels, gas, biogasandhydrogen) andelectricity, primarilygenerated into itsstrategy, by expandingspecificallyingases (natural its energy mixwillneedto change. Total isbuildingthat change If the world isto meetthe goalssetoutinthe Paris Agreement, 25 GETTING TO NET ZERO SEPTEMBER 2020 - 26 for powergeneration. the GHGemissionsofcoal Natural gaspr to reliable, flexible sources ofrenewable power. decarbonizing itsenergy mixandensuringaccess for natural gas,biogasandhydrogen, Total is By expanding itspresence across the value chain transition energy of the and hydrogen: allies Natural gas,biogas in order to prevent the emission of 500,000 tons of CO of tons 500,000 of emission the toprevent order in plants power gas-fired European its of 10% needs the tomeet of biomethane toprovide and by2025, annually biomethane of 1.5 TWh toproduce aims Group The customers. its byTotal and consumption for output biomethane this purchase will unit Biogas The worldwide. and Europe in matter, organic agricultural and industrial from biomethane toproduce able facilities operating and developping in invest will entity new The Division. Gas GRP’s within unit business aBiogas 1, Total 2020, created September On UNIT BUSINESS ADEDICATED BIOMETHANE: natural gas stations in the Benelux countries and Germany. and countries Benelux the in stations gas natural bio-liquefied and fuel vehicle gas bio-natural of anetwork maintains which PitPoint, U.S., and the in Energy Clean units, recovery gas waste and methanation builds which Quadran-Méthanergy, affiliates: its through year GWh/ 50 than more for agreements purchase and sale its including industry, biogas the in operations Total’s on draw existing will unit Biogas The 50 oduces half

% gas will remain a substantial asubstantial remain will gas Total’s Rupture scenario, natural IEA’s tothe and SDS According coal. for asubstitute as emissions GHG rising against fight the in response pragmatic arapid, offers the last decade), natural gas over 3% ayear (around fast growing and affordable Abundant, nature. by seasonal and energies, which are intermittent renewable to partner anatural is for power generation power for coal of emissions GHG the half produces gas Natural 2 e per year by2030. year e per 1 and and approved in 2019: Arctic LNG 2 LNG 2019: in Arctic approved were projects LNG major Three portfolio LNG A thriving by2025. Mtpa 50 about toreach portfolio LNG its expanding to continue aims and provider, LNG private-sector largest second 10%,about Total world’s the is of share market global and 2019 in ofLNG Mt of34 sales With year. every chain value LNG the in presence its Total cementing and is 2015 2019), and between growth (10% annual worldwide surging is (LNG) gas natural liquefied for Demand ofconsumption. point the to routed and transported easily be can gas natural form, liquefied In sidebar). (see gas for demand growing sharply to meet conglomerate, infrastructure largest country’s the Adani, with forces Total joined has example, for India, In for heating and transportation. as well as generation, power for promise offers gas natural demand, of bulk the for account eventually will and coal-reliant heavily still are which countries, emerging In demand. energy of globalmeeting about one-quarter decades, two next the over mix component of the global energy Perspective,” Imperial College London, 2017. London, College Imperial Perspective,” Quality Air and GHG from Generation Power and Supply Coal and Gas of Analysis Cycle Life of “Review 2016, and October Services, and Processes Products, of Cycle Life the for Centre Reference Contexts,”in Geographical Different International Coal and Gas Natural with Associated Emissions Gas 1. Sources: “Life Cycle of Assessment Greenhouse sidebar). (see Asia in markets for production destined primarily large andoffering resources low-cost projects LNG of competitive number agrowing comprises which toTotal’s add portfolio, investments of7.6 These acapacity Mtpa. with Train Nigeria, 7in NLNG and of12.9 Mtpa acapacity with LNG, of 19.8 Mozambique Mtpa, capacity aproduction with Russia, in commercial customers, and industrial to sale for gas regasification of liquefied natural and import the includes Their cooperation agreement market. domestic the for a broad energy offering develop to 2018 in Group Adani India’s with forces joined Total trend, that with To pace keep 15% to 2030. by mix energy country’s the in gas increasing the share of natural of goal ambitious an set has India fuel. avehicle as and households urban in both gas of use the expand to and gas mix by replacing coal with natural energy country’s the diversify to seeks actively government Indian the as years, three past the of each 5% in than more risen has Domestic gas consumption potential. growth sizable offers market gas natural India’s reduce emissions. emissions. reduce –tohelp hydrogen or –biogas gas ofgreen share arising incorporating developments, the existing network is gas natural these Alongside A PARTNERSHIP WITHADANI:PROMOTINGNATURAL GASININDIA urban households. deliver natural gas to six million to and CNG offering stations service 1,500 of anetwork deploy to aim Adani and Total 2030, By fuel. as use for (CNG) gas natural urban areas that sell compressed network of stations in service a as well as cities, Indian in numerous gas concessions the Adani conglomerate operates countries, 50 in Present eastern seaboard. regasification terminal on India’s LNG Dhamra the expanding are focusing in on particular consumers. The two partners to gas natural and fuel of distribution the as well as a minimum and latest-generation technology has been used for the turbines. turbines. the for used been has technology latest-generation and a minimum to reduced been has flaring example, For monitored. closely be must impact environmental their projects, the of scale enormous the Given peninsulas. Gydan Yamal and Russia’s in resources gas natural onshore immense the on drawing Total’s in portfolio, largest the among are projects two These respectively. 2026, and 2024 in operation begin will trains liquefaction third and second The 2023. in expected is LNG of shipment first Its 19.8 of Mtpa. capacity aproduction have will project world-class 2019. similarly late in This underway got 2project LNG Arctic the peninsula, away, Gydan far the Not on 16.5 of Mtpa. capacity production with region, Arctic Russia’s in field condensate and gas Tambey onshore South stake in Adani Gas Limited. Gas Adani in stake to release its first shipment shipment first its to release 2015-2019 LNG PROJECTS TWO GIANT, COST-DISCIPLINED 2: LNG ARCTIC AND LNG YAMAL equivalent from the huge huge the from equivalent oil of barrels 4.6 billion of reserves gas tapping is It world. the in projects LNG largest the of one is and 2013 late in production began Yamal peninsula, Russia’s on located Yamal LNG, The Arctic LNG 2 project 2project LNG Arctic The Total acquires a37.4%Total acquires Sales of LNG triple. ofLNG Sales KEY DATES 2023 2019 of LNG. 27 GETTING TO NET ZERO SEPTEMBER 2020 28 end applications. The rise in power power in rise The applications. end and source energy primary the between agateway as serves energy, primary from produced Hydrogen, are problematic.electrification and/orwhere decarbonization industries for particularly projects, accelerate renewable hydrogen has announced a strategy to Union European the 2050, for goals of its part as hydrogen: for ripe are Europe in Conditions of hydrogen. distributor and aproducer to become Total’s ambition reflects unit new The GRP. within up set was unit business aHydrogen 2020, July In La Mède biorefinery. source energy promising a Hydrogen, venture that operates a network anetwork operates that venture ajoint Germany, Mobility H2 through hydrogen fillingstations todeploy continuing is Group The generates zero carbon emissions. use Its electricity. store and energy toproduce used be can hydrogen vehicles, heavy-duty for especially carrier, energy ahigh-potential As electrolysis. water from hydrogen green to produce easier and easier it making is sources renewable)specifically energy generation from lower-carbon (and by 0.6 Mt out of 1.6 of p. 42). out (see by 0.6Mt Mt emissions carbon annual refinery’s the toreduce expected is campaign the all, In project. Aramis the of part as Sea North Dutch the in Total’s platforms to transported being before onsite customers in Le Mans. Mans. Le in customers serving began France in station In July 2020, hydrogen filling its first outlets. 23Total-branded including Germany, across of hydrogen stations 83 filling CO captured The system. carbon-capture a with fitted be –would emissions carbon of sources site’s biggest the of –one hydrogen produces which reformer methane steam the 2025, late in underway toget expected project, Total (55%) (45%). Lukoil the and Under between venture ajoint Netherlands, the in refinery Zeeland its at hydrogen blue toproduce aproject Total considering is REFINERY AT ZEELAND THE PROJECT HYDROGEN BLUE THE 2 would be purified and liquefied liquefied and purified be would player in this value chain. chain. value this in player in becoming an active interest its Total toconfirm allow would project The local photovoltaic plants. would be sourced from process the topower needed electricity The by 2025. day per hydrogen green of with fivebiorefinery tons Mède La the to supply Total is developing plans HYDROGEN PROJECT LA MÈDE:AGREEN building a world leader world a building Electricity: from wind and solar farms. farms. solar and wind from ofproduction nature intermittent the tobalance ability the and emissions GHG lowest the with fuel fossil the gas, natural from as well as sources, energy renewable from generated is electricity Its electricity. distributing and trading storing, producing, for strategy its Total pursuing is chain, value the across player integrated an As toelectricity. access broader and mobility, digital technology byelectric driven be will Demand 19%2018. in versus 2040 in consumption energy final total of 31% for account will electricity scenario, IEA’s SDS the Under its affiliate Quadran since 2016. since Quadran affiliate its with Energie Direct RE, Eren Lampiris, acquiring growth, external ofdynamic a policy pursued generation capacity, Total has power renewable its To bolster renewable resources generation from capacity power Expanding annually. – $1.5 billion to$2 investedGroup billion than $8 more 2016 the 2020, toJuly September From world. the around projects large-scale in investments equity and including numerous acquisitions electricity, in growth rapid to capture ofsteps avariety Total taking is generation anddistributioncapacity alike. renewable energy market, expanding itspower Total ispursuingfurther growth inthe from natural gas. capacity generation of power MW 3,600 boasts now Group The capacity. total in MW 850 providing 2020, May in EDP from plants further two Total acquired Spain, In region. France’s in Landivisiau in construction under currently is MW 450 825 MW. totaling Additional capacity ofgeneration capacity around from aggregate offering KKR-Energas, France in plants CCGT two purchased 2018, In it Europe. in plants power (CCGT) turbine gas combined-cycle ofnew acquisition the through notably fromgeneration natural capacity gas, power its augmented has Group The capacity from natural gas Strengthening power generation of installed capacity. capacity. of installed quarters three than more for account will power solar and Europe, in developed be will ofthat Half projects. identified already from MW 25,000 of which by2025, MW of35,000 capacity installed for aiming is Group The 2017. in MW 1,000 than less and earlier ayear MW to 3,000 compared 2020, year-end at MW of6,500 capacity generation power renewable gross have operations in Spain. Total will sales EDP’sover electricity took and distribution energy solar for Group India’s Adani with venture ajoint formed also It invested between 2016 between invested $ 9 renewable capacity customers in 2020. in customers from 2016from to2019. gas and electricity electricity and gas increa KEY FIGURES 8 x and 2020. and million Almost 1 billion se in g in se 0 ross ross 29 1,500 MW 2,400 MW Storage: a key piece of the puzzle to mass production of lithium-ion OFFSHORE WIND ENERGY – SEAGREEN 1 FURTHER OUT, FLOATING OFFSHORE WIND POWER In energy storage, our wholly-owned cells, giving it a competitive foothold Saft subsidiary is pursuing its growth. in the ESS market, and can capitalize Total has acquired a stake in Seagreen 1, In 2020 Total signed two agreements to develop Saft is adhering to its goal for 2025 on its renowned expertise in battery a major fixed-bottom offshore wind project. its capacity in the promising technology of floating of remaining a leader in its traditional safety and stability. In addition, With a capacity of up to 1,500 MW, the wind offshore wind power: industrial markets while expanding Saft is positioning itself as a battery farm will cover the energy needs of around one • Acquisition of an 80% interest in Erebus, a 100 MW into electric mobility as well as operator. In France, it will provide million U.K. households and be one of the largest project in the in an area with a water depth the booming energy storage system frequency regulation services off the coast of Scotland. Total is moving of 70 meters. A development of around 300 MW may be (ESS) market, which is expected to the French grid operator RTE to a new level in fixed-bottom offshore wind added to this project. Total is among the first companies to grow by more than 20% annually with 130 MWh of batteries, including power with this ambitious project, which to invest in this emerging technology in the U.K. over the next five years. Thanks 60 MWh under construction is scheduled to come on stream in 2022. • Partnership with Macquarie in to develop to an industrial and commercial in Dunkirk and 25 MWh in Carling. Bada, a project with potential capacity in excess of partnership signed with Tianneng Saft is also expanding strongly 2,000 MW. The final investment decision for phase 1 in , Saft now has access in electric mobility (see p. 35). (500 MW) is expected in 2023.

KEY DATES INSTALLED RENEWABLE POWER RENEWABLE POWER CAPACITY PROJECTS IN 2025 GENERATION CAPACITY (MW) EUROPE 15,000 MW MIDDLE EAST UNITED STATES 2,000 MW 3,000 MW CHINA 6,500 3,000 MW 2011 6000 Total acquires a majority stake in SunPower (photovoltaic solar power). 4000 REST OF ASIA 3,000 2,000 MW

AFRICA INDIA 2000 1,700 6,000 MW 2016 800 1,000 MW Acquisition of Lampiris 300 SOUTH AMERICA (renewable power distribution). 3,000 MW

GETTING TO NET ZERO SEPTEMBER 2020 0 2016 2017 2018 2019 2020 Solar Power Rest of world Wind Power 2018 Europe Four million individual customers in gas and power distribution. MW MW 2019 5,300 800 3,000 MW of installed renewable 5,300 MW OF PHOTOVOLTAIC AL KHARSAAH SOLAR PV IPP PROJECT: power capacity. DISTRIBUTION: CAPTURING 13 MILLION SOLAR ELECTRICITY IN SPAIN 800 MW OF SOLAR POWER IN QATAR ELECTRICITY AND GAS CUSTOMERS BY 2025 The Group enhanced its presence in Spain’s In 2020, Total signed agreements to develop solar power market thanks to three agreements an 800 MW solar plant located west of Doha. In gas and electricity distribution, Total is consolidating its that will allow it to develop projects totaling The project was awarded to a consortium of Total (49%) position as a major player in the European market. As of 2020, 5,300 MW with three partners: 800 MW and Marubeni (51%) following the country’s first 2020 it holds 7% of the market in Spain, 9% in the U.K., 10% with Powertis, more than 1,200 MW with solar tender. The solar power plant will supply 6,500 MW of installed renewable in France and 12% in Belgium. Total will be supplying gas Solarbay Renewable Energy and more roughly 10% of Qatar’s peak electricity demand power capacity. and electricity to more than nine million European customers than 3,300 MW with Ignis. and reduce the country’s emissions by 26 Mt of CO e in 2021, on track to meeting its ambition of serving more 2 over the life of the project. than 13 million customers by 2025.

30 31 Decarbonizing

E-FUELS: CARBON-NEUTRAL FUELS Second-generation, and saving or advanced, biofuels A new generation of synthetic fuels known as e-fuels is emerging, Today, more than 90% of the biofuels

produced from low-carbon electricity and CO2 extracted from on the market are first-generation the atmosphere or . These innovative, carbon-neutral biofuels, produced from sources such liquid energies fuels are the focus of special research and development projects. as vegetable oils and sugars. Total is Total is testing new production processes using renewable encouraging the advent of second- electricity. For example, green hydrogen can be produced generation biofuels derived from Oil should be used sparingly, for applications from water electrolysis powered by a low-carbon energy source crop residues and non-agricultural and then combined with captured CO2 to make methanol biomass, so as to limit the use of where it cannot be easily substituted. or hydrocarbons, without relying on fossil fuel energy. These inputs and minimize impacts on arable At the same time, biofuels and tomorrow’s products can serve as drop-in replacements for conventional land. Known as advanced biofuels, fuels, since they can be blended with fossil fuels these products will expand the range e-fuels will need to take on a larger role. in any proportion. of the first generation, but they still present multiple technological hurdles. For more than a decade, Total’s R&D teams have been Technological advances and However, significant investments zero-crude complex including of 280 service stations and sells studying and developing technology the shift in usage to lower carbon will still be needed in the years a biofuel plant which is expected blends with a biofuel content to produce a wider array of practical energies will probably cause ahead to meet demand for oil, given to be commissioned in 2024. This of around 30%. In 2019, Total blended and sustainable biomass resources. demand for oil to stabilize the natural decline in field output. plant will have a production capacity 2.5 Mt of sustainable biofuel into For example, the BioTfueL and then decline over the next Total is focusing on the most resilient of 170 kt a year of sustainable jet its products in Europe, for a total consortium, in which Total is decade, as illustrated in the IEA’s oil projects, meaning those with biofuel, 120 kt a year of road biofuel volume of 3.6 Mt distributed a partner, is working on converting SDS and Total’s Rupture scenario. the lowest breakeven point. It is also and 50 kt a year of bionaphtha, for worldwide. With growth in biofuel lignocellulose, a type of plant waste, The Group is changing its mix factoring in a long-term carbon producing bioplastics (see page 39). sales exceeding 10% annually, into biofuel. Microalgae offer to reflect this trend. Oil products price of $40/t in its cost evaluations, For the most part, it will be supplied the Group anticipates that biofuels tantalizing possibilities as well, accounted for 66% of sales as well as a sensitivity analysis with animal fats from Europe and used will account for about 15% and Total is studying their potential in 2015, 55% in 2019, and could of $100/t as from 2030. cooking oil, supplemented with other of its fuel sales portfolio by 2030 use for producing oils without decline to 35% in 2030. By 2050, vegetable oils, excluding palm oil. and 25% by 2050. the need for agricultural land. this share could shrink to 20%, In addition, Total is reducing the The conversion of the refinery with a quarter of that from biofuels, average carbon content of its lineup will represent a total investment helping Total reduce the carbon thanks to biofuels. of over €500 million. intensity of the products it sells

GETTING TO NET ZERO SEPTEMBER 2020 by 60%. Becoming a major player Other projects in the United States Fats (used cooking oil, animal fat, in biofuels and Asia are currently under industrial residue) currently make To comply with European Union review. In 2019, Total’s refineries up 25% of the production supply, standards, biofuels must emit produced 240 kt of biofuels that met with plant-based oils accounting less than half the CO e generated the European Union’s criteria for 2 for the rest. Total is hoping by equivalent fossil fuels across sustainability and GHG emissions to increase the percentage of fats TOTAL’S SALES OF BIOFUELS (KBOE/DAY) their lifecycle. For more than 20 years, reduction. to 50% by 2025. Total has been a committed leader in biofuel research, production Concerning biofuel distribution, The La Mède site also produces and distribution. The Group aims Total took a significant step in 2018 renewable naphtha, a biofuel 300 LA MÈDE: A WORLD-CLASS to become a major force in this by acquiring Zema, a distributor for the gasoline market that can be BIOREFINERY used to manufacture renewable > 10% market, with sales growth of more in that operates a network per year than 10% a year by 2030. To fulfill its ambition of being polymers as well, and bio LPG a leader in the market for biofuels, (renewable-origin liquefied natural To make that ambition a reality, Total Total has converted its refinery in gas) for transportation and heating 150 is seeking to develop synergies with La Mède, France, into a world-class applications. In addition, a study existing assets, such as its La Mède biorefinery. The facility, which is currently being prepared on refinery, which was converted into came on stream in 2019, has the viability of building a methane a biorefinery in 2019 (see sidebar). the capacity to produce 500 kt digester at La Mède as a starting Mt of biofuel annually, mainly from point for biogas production Rest of the world In September 2020, the Group feedstock that meets the European and the launch of a green hydrogen 0 Europe . Union’s sustainability criteria. production unit. announced a project to convert 3of biofuel distrib6uted by Total 2019 2025 2030 its Grandpuits refinery into a worldwide in 2019.

32 33 GETTING TO NET ZERO SEPTEMBER 2020 demand on Acting 34 solutions andhelpingthem useenergy more efficiently. guiding itscustomers toward lower-carbon energy shared with itscustomers. To shapedemand,itis Total wantsto make carbon neutrality anambition

their know-how to produce in Europe Europe in toproduce know-how their pool will companies two the which ACC, in or Company, Cells Automotive as known venture a joint forces with Groupe PSA to announce Total 2020 joined September in and solution, such one are Batteries (B2G). governments and (B2B) (B2C), businesses consumers of needs the tomeet it allowing a comprehensive charging service, toproviding energy supplying from solutions, integrated to offering Total committed is future, electrified increasingly this in stakeholder than half could be electric be could half than by twobillion than 2050, more and tomore double could worldwide road the on ofvehicles number The mobility electric for way the Paving energy. lower-carbon for demand spur and usages new to develop customers its with Total work will reason, this For role. a decisive play, all, above also will practices consumer but transition, ofthat pace the influence will policy public and transition. Changes in technology customers navigate the energy its helping Total is major, become the responsible energy to ambition its with Consistent through their energy transition. energycomplementary sources to helpitscustomers low-carbon solutions for industry, Total proposes Whether it’s electricmobility, alternative fuelsor energy carbon-intensive less promoting industry: Mobility, transportation, 1 . As a . As create total production to hope partners The Germany. Kaiserslautern, and France Douvrin, in “gigafactories” two wayat under get will production mass complete, is phase R&D the Once France. Nersac, in site apilot and Bordeaux in center R&D an at technology developing new cell lithium-ion be ACC will vehicles. electric for batteries high-performance Charging station at the Limours-Janvry area in France. in area Limours-Janvry the at station Charging 1. Total Energy Outlook 2020. 2020. Outlook 1. Energy Total capacity capacity their CO fuel consumption, and thereby their reduce users end help to with an eco-driving service platform. It can be bundled via a secure, user-friendly ensures optimal fleet management that solution recording data onboard an is Mobility Total TOTAL MOBILITY 2 emissions. 35 GETTING TO NET ZERO SEPTEMBER 2020 16 36 of around €5 billion. €5 of around awhich total represents investment to initiative, this large-scale Union are lending financial support European the and Germany France, market. 10% European about ofthe or annually, vehicles electric million one in the Netherlands. the in points charge public new 20,000 to up operate and install will it contract, ofthis part As Amsterdam. charging, from Metropolitan Region largest contract concession for EV Europe’s awarded Total been has by2022. France, in 200 nearly including Europe, in sites charging such 500 to establish aims and charge, a10-minute with ofrange 100 kilometers around provide can that areas urban and for major European roadways stations (HPC) charging power high developing Total currently is consumption. energy and use their tracking for platform aremote and terminals with solution, charging a complete marketing and developing is and more than 16,000 charging stations packages. Total already operates service integrated selling and optimizing energyuse management to terminals smart designing from ranges expertise whose vehicles, electric for solutions charging in leader aFrench G2mobility, acquired 2018in Group the networks, ofcharging area the In of charge pointsforelectricvehiclesoperatedbyT 1. HPC: High Power Charge. Power High 1. HPC: 48 GWh by 2030 – enough to equip toequip –enough by2030 GWh 48 , 000 stations worldwide). service Total-affiliated 450 at available currently is fuel (NGV France in stations a hundred nearly including by2025, fuel NGV offering stations service 600 than ofmore anetwork to develop plans has also It transporters. and trucks for particularly of NGVfuel, supplier, Total accelerated the rollout fuel NGV largest Europe’s third PitPoint, Netherlands-based of 2017 the With acquisition biogas. includes it carbon when emissions, particularly for reducing transportation-related toelectricity alternative an offers gas, natural (LNG) liquefied or (CNG) ofcompressed form the in distributed fuel, (NGV) vehicle gas Natural hydrogen and LNG adopt to Encouraging customers all power levels combined, by2025. combined, levels power all Europe, across points charge 150,000 to operate is objective Its otal. levels by 2050. To meet that that To meet 2050. by levels 2008 from half least at by emissions from shipping Organization of GHG curtailing by the International Maritime set goal the reach help to is ambition coalition’s The industry. shipping a zero-carbon toward drive the support to Coalition Zero to Getting the joined Total 2020, June In GETTING TOZEROCOALITION:DECARBONIZINGTHESHIPPING INDUSTRY 170 kt a year of sustainable jet biofuel. jet sustainable 170 of ayear kt toproduce capacity the with plant, announced the creation of a biofuel Group the refinery, Grandpuits the of conversion the of part as September, In industry. aeronautics the for units production biofuel in projects investment-ready toidentify firms aerospace several with Total partnered expressions of interest. In response, for acall issued and biofuel aviation tosustainable aroadmap released government French the 2020, early In SUSTAINABLE BIOFUELS AVIATION: DEVELOPING for shipping vessels. vessels. shipping for and zero-emission technologies as fuels, marine lubricants priority areas for research such in notably expertise, its sharing by efforts coalition’s the aiding is Total 2030. by vessels zero-emission ocean-going to deploy commercially viable, members, its through aims, coalition the target, approximately 265 Mt per year, per Mt 265 approximately marine fuel market represents global The bysea. transported are goods world’s ofthe 90% over that given stake, at climate the with substantial consequencesfor well, as industry shipping to the come has transition energy The gas fuel in the shipping industry natural of use wider Promoting 28). (p. Germany in mobility hydrogen topromote is goal whose consortium, Mobility H2 ofGermany’s member founding a is Group the Shell), and OMV Linde, Daimler, Liquide, (Air partners industrial other five with Along areality. that tomake helping Total and is growth for poised are fleets bus Hydrogen-powered transit. mass urban and trucks trains, for especially future, the for option apromising is vehicles for hydrogen fuel, NGV Alongside stations across the U.S. and Canada. service of550 anetwork has and CNG LNG and filling stations operates and installs Energy Clean industry. transportation American North the for fuel and renewable natural gas fuel gas ofnatural providers leading of the one Energy, Clean U.S.-based in 2018, a25%In Total stake acquired Eco Solutionslabel in2020. products andservicescarrytheTotal 95 2022 as part of its chartered fleet. chartered ofits part as 2022 in delivered be will each, oil of crude tons 300,000 carry can which vessels, two The (VLCCs). carriers crude large very LNG-powered two first its tocharter agreement pioneering a Total signed has addition, In Marseille. in other the and Europe northern in based tobe one vessels, supply dedicated of two has the commissioned construction Total LNG, maritime To distribute help 10 over ofLNG years. tons 270,000 approximately tosupply CMA-CGM 2019 late in with agreement an signed 20%, and by around emissions GHG reduces which fuel, bunker LNG introduced Total has issue, that To address contributor to GHG emissions. asignificant industry the making so the range is not fixed. fixed. not is range the so standard, market the exceeds environmental performance that delivers longer no a product when withdrawn be also can certification TES basis. a regular on lineup TES the to added are solutions New batteries. of line MRX Saft’s and panels solar Economy lubricants, SunPower Fuel fuels, of line Excellium the including label, TES the bear services and products 95 2020, In biodiversity. on impact a reduced has or efficiently more resources non-renewable and water uses solution the whether as such considerations play a role as well, emissions. Other environmental or service reduces carbon aproduct whether is label the award to used criteria the Among market. the on products leading the than performance that deliver better environmental highlights innovative solutions Ecosolutions (TES) label Total the 2009, in Established TOTAL ECOSOLUTIONS:TRANSPARENCY ANDSTANDARDS have avoided 14.8 Mt of CO of Mt 14.8 avoided have Sales of TES-labeled products auditor. independent an by certified is program entire the and claims, self-declared environmental and 14021 standards governing 14020 ISO the in forth set requirements the meets process evaluation The transparency. its is strengths label’s the of One the label’s mission. mission. label’s the enhance and strengthen research centers, all of whom academics and international include independent experts, administer the program. They to stakeholders outside of help the enlisting began TES community, broader the and expectations among customers rising with step in and relevant stay to 2019, April In their environmental footprint. is helping customers shrink Total way another It’s years. eleven past the over emissions 2

37 GETTING TO NET ZERO SEPTEMBER 2020 38 Total and Wärtsilä. and Total Electric, Schneider , Faurecia, , Bank, Investment and Corporate Agricole Crédit Français, Maritime Cluster CGM, CMA 1. , AWS, Tomorrow for Skies Clean the as focused on transportation, such coalitions several Total joined has a global challenge Transportation and mobility: homes. their to heat wood or gas natural to renewables, toswitch program aspecial through incentive an offered being are France in customers oil Total’s And heating home LNG. with tandem in fuel bunker touse industry shipping the in customers its encouraging be will It counterparts. liquid their than emissions lower offer that options competitive are renewables and gas natural that given by2025, generation power for oil fuel sell longer Total no will example, For alternatives exist. when competitive, low-carbon applications certain for options fewer marketing be will it Accordingly, sources. energy lower-carbon toward customers Total steering is ambition, climate new ofits part As sources Prioritizing cleaner energy Smartphone app for charging an electric vehicle. electric an charging for app Smartphone group’s 11 multinational members last This Future. ofthe Energy the for Coalition the and (shipping) Coalition (aviation), to Getting Zero notably by reducing emissions. industry, logistics and transportation the in mobility of sustainable challenges the meet can that of energy sources and technologies development the tospeed working are carbon emissions by 10 kt. 10 by kt. emissions carbon annual their cut to able be will 2020 in network the to connected sites the facilities, neighboring at generated waste industrial the from produced energy using By GreenFlex. by selected technology insulation innovative features network the to added piping of kilometers 3.2 the addition, In work. the coordinating and studies, consulting on and environmental issues thermal conducting sector, industrial the in project economy circular landmark this of success the to key was GreenFlex network. the to sites industrial new three connect to recovery, and treatment waste industrial in specialist alocal SEMEDI, by led project expansion system asteam on firm maintenance and operations an with partnered experts GreenFlex example, for France, Havre, Le In certificates). white via (notably financing and solutions consulting, digital operational support, strategic areas: four in expertise their lend teams GreenFlex clients. 750 than more serve Europe across employees 550 Its performance. environmental and energy improve to projects for services deployment and consulting of arange with clients business 2017, provides since affiliate Total awholly-owned GreenFlex, GREENFLEX:ENERGYPERFORMANCEANDECO-EFFICIENTSOLUTIONS

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recycling and bioplastics and recycling Plastics: promoting 30% of polymers from recycled materials by 2030. by2030. materials recycled from polymers of 30% producing of objective its toachieve Group the helping polymers, of production the for feedstock Tacoil, aliquid into waste plastic of tons 15,000 convert annually will facility the Energy, Plastic with partnership In plants. power solar photovoltaic two of operation the and recycling plastics bioplastics, of production industry, aviation the for intended primarily biofuels of production activities: industrial new four on focus will which complex, azero-crude into refinery the toconvert Total planning is plant. recycling chemical first to France’s home be will Paris outside complex 2024,By Total’s Grandpuits FOR BIOFUELS AND BIOPLASTICS PLATFORM AZERO-CRUDE INTO REFINERY GRANDPUITS ITS CONVERT TO MILLION €500 THAN MORE INVESTING TOTAL IS extensively inrecycling andbiopolymers. end-of-life plastics, Total isinvesting To address the challengeposedby in Grandpuits, France offering offering France Grandpuits, in facility asecond tobuild plans and year, per tons of75,000 a capacity with in plant production aPLA operates PLA Total Corbion venture. joint PLA Total Corbion its – through recyclable and it is biobased, biodegradable because bioplastics of the best the –considered (PLA) acid ofpolylactic producer top world’s the to become aims it moreover, by 2030; plastics 30% recycled producing of ambition the with bioplastics and recycling in TotalSo investing is challenge. amajor presents oflife end their managing But emissions. GHG toreduce help they weight, low totheir thanks addition, In toproduce. easy and lightweight strong, they’re and applications, medical in and food for both bacteria against protection numerous offer they attributes: their to thanks life everyday of part essential an are Plastics in Europe. Europe. in together plant anew of developing feasibility the examine and output production latter’s of the Technologies to purchase a portion PureCycle with agreement an signed also has it Mars; and Recycling Technologies, Nestlé Citeo, with apartnership through notably recycling, chemical for used initiatives to test technology multiple Total leading is Meanwhile, affiliate. Synova toits thanks industry automotive the for polypropylene recycled high-performance in leader French the is and materials, 50% recycled least at polypropylene containing grades produces polyethylene and Group the recycling, mechanical In mechanical and chemical options. of recycling, including complementary types all on Total focusing is in 2024. scheduled astartup year, with per tons of100,000 capacity additional

VEHICLES,LOWERCO HUTCHINSON: LIGHTER-WEIGHT around the world. with universitiespartnerships in , and several alaboratory including center and 25 techcenters, innovation, with a research to ensure continuous network R&D its on draws vehicles. The company passenger cars and commercial both of electrification the to making a major contribution for engines, Hutchinson is weight and thermal management in areas like reducing vehicle expertise its to thanks Moreover, customers. manufacturers are its primary aircraft and Automakers markets. mobility the in in processing materials used Total affiliate, specializes Hutchinson, a wholly-owned options.of transportation emissions from an array and, by extension, carbon help reduce fuel consumption of lighter-weight materials can use The industry. rail the and from automobiles to aviation future, the of mobility the for market every expand to is goal The customers. its for footprint carbon smaller a to springboard another yet is thermoplastics, and materials, such as composites innovative in expertise Total’s 2 EMISSIONS 39 GETTING TO NET ZERO SEPTEMBER 2020 I nvesting sinks i n carbon 40 to meetthe challengesposedby carbon neutrality. and storage solutions. Anditisfocusing intensively onR&D in natural carbon sinksanddeveloping carbon capture mix andhelpingshapecustomer demand.Itisalsoinvesting Total isn’t justcurbing itsemissions,adaptingenergy carbon sinks sinks carbon Developing many years. The project includes includes project The years. many over forest anatural reestablishing for conditions the create and species ofendemic growth the then be developed to encourage will forest The soil. poor very in nutrients restore and environment aforest torecreate of hectares ofthousands tens spanning trees ofacacia aforest plant will workers Africa, in studied being currently project one in example, For addressed. can then be comprehensively sink management tocarbon related and sustainable. 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Total carbonneutralityventur $ of CO avoidcould than 15 more million tons initiative The agroforestry. on based chain supply cocoa sustainable a foster and forest of virgin hectares amillion preserve would that aproject on working is Unit Business new the America, South In population expands. local the as forest the on pressure ofgrowing atime at comes 2 2 e over adecade. e over project The years. thirty e over 40 es projected portfolio 0 of the Aramis project. Funding Funding project. 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m 2 a year in 2050, 2050, in ayear 2 emissions 2 ayear. 2 generated generated in 35 businesses. investments has currently it Ventures, Neutrality Carbon Total named Now recycling. and economy circular the in invests also fund The activities. of their intensity carbon the or consumption energy their reduce companies help that models business and in developing innovative technology worldwidestart-ups involved support will investments These million over$400 the five next years. to capacity investment its increase will and neutrality carbon on entirely focus now will arm capital venture In 2019, Total announced that its Total Carbon Ventures Neutrality CO to reduce government Dutch the through a national initiative by a pilot scale (10 ofCO scale tons a pilot on technology capture carbon tests facility The States. United the in (NCCC) Center Capture Carbon 2019,In National the Total joined economics. project the tosupport helping are Union, European the from subsidies design, began in September 2020. 2020. September in began design, and engineering front-end project, ofthe phase next The . in plant acement at annually carbon of 2Mt store and to capture a commercial-scale facility of viability the to assess Ventures Carbon Low Oxy and LafargeHolcim Svante, with apartnership Total2020, signed early in States, United the in Also third. byone capture ofcarbon cost projected the reduced already has NCCC the technologies, 60 of some evaluation its Through plants. power emissions from fossil fuel-based carbon ofreducing goal the with 2 emissions, coupled with coupled emissions, 2 per day) day) per and store up to 1.5 million tons of CO of tons to1.5 up million store and CCS FOR STEELMAKING FOR CCS ACCELERATE TO AIMS DUNKIRK NORTHERN LIGHTS, A PIONEERING CCS PROJECT IN EUROPE IN PROJECT CCS APIONEERING LIGHTS, NORTHERN capturing CO DMX called process innovative an to demonstrate aproject Total, launched and (IFPEN) Nouvelles Energies IFP Axens, ArcelorMittal, including stakeholders 11of European mid-2019,In aconsortium DMX THE capture 0.5 tons of CO of tons 0.5 capture to able be will that pilot industrial DMX the of effectiveness the demonstrate First, key objectives: three has 3D byIFPEN, Coordinated DMX (for Project 3D The activities. and innovation program. research Union a European of part is years, four over with a €19funded million budget Dunkirk), in Demonstration Phase 1 should begin in 2024. in begin 1should Phase 2020, in government Norwegian bythe approval tofinal Subject kroner. Norwegian billion 6.9 toaround amount will investment initial The seabed. the below meters 2,800 some located reservoir a geological into form liquid in injected and byship transported then and terminal marine Lights Northern tothe transferred be will emitters by industrial ™ ™ PROCESS IN PROCESS process in an an in process 2 from industrial ™ for for 2 an hour hour an ™

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and . in chemistry organic notably projects, many on Total to cooperation pursue allow will (CNRS) Research Center for Scientific with France’s National agreement Afour-year CO toconvert microalgae using on underway already is project initial An low-carbon energy. notably toenergy, related topics on programs R&D joint develop will organizations two the (CEA), Atomic Commission Energy and Energies Alternative agreement with the French afive-year Under (BECCS). storage and capture carbon with bioenergy deploying on work begun Total has part, its For atmosphere. the in carbon reducing for who will develop technology experts international and researchers of generation anew to train School IFP the at a chair establishes also agreement The deployment. CCUS large-scale for provide and chain value the across enhance energy efficiency costs,infrastructure is designed to reduce storage and utilization capture, carbon on (IFPEN) Nouvelles Energies IFP with agreement Afive-year AGREEMENTS SIGNED IN 2019TOBRINGTHE THREE FRAMEWORK 2 into biofuels. into GROUP CLOSER 45 GETTING TO NET ZERO SEPTEMBER 2020 e nergy Shaping t omorrow’s 46 and keeping the average temperature risewell below 2 The challengesinvolved insuccessfullynavigating the energy transition and efforts to promote anambitiouscarbon pricingprogram. its partnerships, participation innumerous professional organizations ones. Total istakingactionto meetthose challengesthanks to ° C are global ts orts pool eff their companies OGCI: oil andgas Of worldhydrocarbon production. 32 offields. array awide in solutions technologicalfor breakthrough research monitor and fund can it resources, financial and expertise to its Thanks sequestration. carbon and reduction emissions reporting, in practices best industry promotes OGCI The on a global scale. active are they and consumed, energy 20% ofprimary than more representing world, the around production gas 32% and for ofoil accounted firms 2019,In member its to a carbon-neutral economy. transition the supporting of aim the gas firms, including Total, with and oil major from CEOs by 2014 in founded was OGCI The the energy, andtransportation industry value chain. of solutions for reducing GHG emissionsacross and accelerate the development anddeployment (OGCI), acooperative effort to identify, support companies Climate within Initiative andGas the Oil Total hasteamed upwith eleven other oilandgas %

technologies low-carbon for A fund ofCO 52Mt and 36 of between reduction estimated an or by 2025, 20 and 21 kg20 and ofCO between is objective The by 2025. companies 12of its member operations upstream the in intensity carbon average for target a new In July 2020, the OGCI announced the manufacture of polyols ofpolyols manufacture the that CO uses technology Inc.), and (SeekOps (Kairos Aerospace) or drone aircraft (GHGSat), satellite via and measuring methane emissions include for services monitoring reduce emissions. Examples technologies that significantly finances fund The 10 years. over $1 billion than more with 2017, in fund Investments endowed Climate OGCI the created low-carbon future, the OGCI solutions for a sustainable developing eyetoward an With if possible, to get to0.20%. toget possible, if further, even to go aiming 2017.0.32% in are members The 0.25% from by2025, to below emissions methane of reducing had already announced its goal 2018 In OGCI the of production. levels constant at year per 2 as feedstock for for feedstock as 2 e/boe used used 2

$ $ $ THE OGCI-CIFUND: 48 36 20 allocated to methane tomethane allocated allocated to CCUS to CCUS allocated allocated toCO allocated KEY FIGURES reduction reduction million million million 2

47 GETTING TO NET ZERO SEPTEMBER 2020 19 48 funding from theOGCI-CI. projects/start-ups receiving the CCSResources, largest initiative Valley toWabash a commitment OGCI Climate Investments pledged 2019, May in agenda, that with Consistent countries. multiple in industry ofaCCUS emergence the conditions thatregulatory encourage technological, financial and economic, social, for groundwork the laying on focuses initiative the Kickstarter, CCUS as Known gas. and oil beyond sectors numerous of needs the meet can and environment to the friendly and safe viable, commercially is that industry storage and capture of acarbon emergence the tofoster campaign a 2019,In launched OGCI the CCS for support Strong in system (see sidebar). building energymanagementa smart 75F, in developing invested astart-up Technologies). In 2019, the fund with multiple applications (Econic polyurethanes – plastic materials materials –plastic polyurethanes and collective performance. individual their improve and targets mutual set can companies member By adopting uniform practices, OGCI consistent. are data aggregate anonymized these that ensures (EY) party third independent An methodology emissions. for reporting acommon adopted has OGCI The method reporting A common storage. carbon for used be could that worldwide sites of geological catalog independent first the published also it Energy, Dot Blue Pale and Institute CCS Global the with partnership in 2020, July In U.K. the in Teesside Zero Net projects: CCS commercial and industrial oftoday’s biggest one supporting also is OGCI The plant. annually from an ammonia production aims to capture 1.5 to 1.75 to capture aims ofCO Mt project The States. United the in by climate control systems represents a major challenge. challenge. amajor represents systems control climate by use energy where Asia, to extends footprint start-up’s The 50%. to 30% by consumption energy reduces which use, actual on based lighting and heating building adjust to and existing buildings. 75F uses machine learning algorithms new both in quickly deployed be can solution low-cost Its to optimize HVAC energy consumption in commercial buildings. devices connected and software combines that system monitoring asmart developed has 75F called A start-up AIFOROPTIMIZINGBUILDINGENERGYFLOWS 2

On the frontlines on carbon on pricing carbon the price of carbon. toraise abid in (ETS) scheme trading emissions its reformed has Union European the while scopes, ofvarying mechanisms pricing adopted recently have Mexico, and China including countries, Other by2022. ton per $50 toCAN increase gradually will and ton per $30 CAN now is it ton; per $20 of CAN tax acarbon instituted Canada 2019, In example, for worldwide. trading scheme are emerging carbon or tax acarbon for Proposals storage. and capture carbon and into technologies low-carbon research toward investment to steer helps also it time, Over generation. power for energies renewable and togas coal from quickly more to move stakeholders all for incentive an provides carbon on aprice Putting carbon-intensive energy sources. most the of cost the raises content, carbon its reflects energy of price the which in pricing, Carbon Convention on Climate Change Change Climate on Convention Framework Nations United to the letter ajoint addressed Shell) and BP, (BG, Equinor , companies gas and oil global other five and 2015, In Total situation. local to the mechanisms appropriateregulatory bypromoting pricing carbon for support public tovoice companies Global Compact has encouraged 2014, Nations Since United the mechanism Toward a balanced international price whenevaluating itsown projects. price oncarbon andapplying aninternal carbon has beencallingfor the adoptionofa global carbon neutrality. Formore than adecade, Total Carbon pricingisamajortool for achieving

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to spur wider recognition of its value. ofits recognition wider to spur have helped pricing carbon on organizations whose positions several Total supports example, For met. be can Agreement Paris the in goals the ofhow discussion any in toplay role important an Associations havebusinesses. authorities, and consumers public for agenda current the on topic amajor is change to climate responding and Acknowledging rollback in methane regulations to aproposed opposition its voiced Group the example, for 2019, late In criteria. ofthese more or to one contrary clearly are that toproposals response in publicly aposition to state Total choose may sidebar). (see criteria six on based own, its with aligned was position that whether examined Group the position, public astated with those For 2020. in review that updated then and issues, climate on stance oftheir review a preliminary toconduct belongs it to which associations significant industry 2019, most In the Total examined A review of affiliations industry those designed to achieve carbon neutrality. carbon achieve to designed those notably aims, its fulfill to States implementing the of initiatives the supports and change climate against fight the in advance amajor is Aligned” positions), or “Aligned” “Aligned” or positions), Aligned” “Partially with criteria more or (one position), “Partially Aligned” Aligned” a“Not with criterion one least (at Aligned” “Not positions: own its with ofalignment level the on based categories, ofthree to one association each assigned it analysis, its Total completed had Once review. the in account into taken not was ofaposition absence the criteria, other the For alignment. partial as interpreted was position of apublic absence the Agreement), Paris the for (scientific position and support criteria two first the Concerning Aligned.” “Partially tobe considered were positions ambiguous and Aligned” “Not tobe considered were Group ofthe tothose contrary are that associations by industry positions public criterion, each For Total, of2015). as (including years European in recent businesses for adopted tothose similar industries, extractive bythe made payments regarding transparency financial improve would that U.S. the for its policies support in affirmed Total 2020, In States. United the in (such as the World Bank’s Zero Routine Flaring by 2030 Initiative). 2030 by Flaring Routine Zero Bank’s World the as (such flaring of use the reduce to campaigns particular, in and, consumption and production gas natural from emissions methane reduce to policies supports Group The coal. to alternative an as specifically transition, energy the in component akey is hydrogen, and biogas with combined 6. 6. 5. 4. 3. 2. fact. established an be to change climate and activity human 1. AREVIEWOFINDUSTRY AFFILIATIONS BASEDONSIXCRITERIA neutrality. technology and develop carbon sinks, all critical to achieve carbon carbon pricing to encourage energyefficiency, low-carbon support as called for in the Paris Agreement. Agreement. Paris the in for called as century, the of half second the by neutrality carbon achieve to critical is which CCUS, of development the supports Total (CCUS): biofuels. sustainable of development the supports also Group The energies. renewable in growth promote to technologies and initiatives Total considers the link between between link the considers Total position: scientific The Total believes that it is necessary to implement implement to necessary is it that believes Total pricing: Carbon Total considers that natural gas, gas, natural that considers Total gas: natural of role The Total recognizes that the Paris Agreement Agreement Paris the that recognizes Total Agreement: Paris The Development of Carbon Capture, Utilization and Storage Storage and Utilization Capture, Carbon of Development policies, supports Total energies: renewable of Development classified as “Partially Aligned.”as “Partially classified Consequently, the API remains regulations on methane emissions. U.S. in arollback for support its however, not, changed has It Committees. Downstream and Upstream long-standing to its parallel committee, a special byestablishing issue a separate as climate toaddress intention its demonstrated API The (API): Institute Petroleum American The as “Aligned.” classified now is ACC the Therefore, analysis). 2019 the in aligned partially was it which on criterion (the energies to the development of renewable positions, including with regard Total’s with aligned are which published its climate policy principles, recently association (ACC): This Council Chemistry The American reevaluated more closely. therefore 2019in were and Aligned” as “Partially classified associationsThree had been Total’s). with line in were positions stated the association, the by addressed criteria ofthe all (for

association. industry this in membership its renewing Totalbe not will sands, oil topursuant its gradual exit from (CAPP): Producers Petroleum The Canadian Association of association’s position. each in changes for internally to advocate Total chosen has For the associations, Aligned Partially Aligned.” “Partially as classified therefore was TXOGA of U.S. methane regulations; emission rollback the supported (TXOGA) Association Texasthe &Gas Oil that found also analysis 2020 The precedence. take shall Total’sthat position diverge, stipulates the charter positions those where cases In or organizations associations. indirectly through professional lobbying conducted directly or those conveyed through its positions are consistent with that the Group’s publicly stated ensures also It Total belongs. to associations whichindustry the of alist include website thatrequires the corporate Among other things, the charter Total’s Lobbying Ethics Charter. by governed been have activities 2016, those Since Conduct. of Code its in defined values the in lobbying activities arerooted Total’s climate. world’s the have strong expectations about civil understandably society worldwide. Governments and force economic Total amajor is employees, 100,000 than more of aworkforce and 130 countries With operations in more than TOTAL’S LOBBYING ETHICS CHARTER

51 GETTING TO NET ZERO SEPTEMBER 2020 52 RESULTS OF OUR REVIEW OF EACH ASSOCIATION’S POSITION ON THE CLIMATE THE ON POSITION ASSOCIATION’S EACH OF REVIEW OUR OF RESULTS World Business Council for Sustainable Development (WBCSD) Development Sustainable for Council Business World (UFIP) Pétrole du Industries des Française Union (UFE) l’Electricité de Française Union (UKPIA) Association Industry Petroleum UK (OGUK) UK Gas and Oil (OGD) Denmark &Gas Oil (NOROG) Gass Og Olje Norsk (MWV) Mineralölwirtschaftsverband MEDEF IPIECA International Emissions Trading Association (IETA) (IOGP) Producers &Gas Oil of Association International International Air Transport Association (IATA) FuelsEurope France Chimie (ERT) Industry Table for Round European Eurogas Essenscia Danish Shipping (DS) (CEFIC) Council Industry Chemical European BusinessEurope (BPF) Federation Petroleum Belgian (APPEA) Association &Exploration Production Petroleum Australian Association) Industry and Petroleum (Italian Assomineraria Association) Gas French (AFG, Gaz du Française Association Enterprises) Private of Association French Association Française des Entreprises Privées (AFEP, Council Chemistry (ACC)American ALIGNED (TXOGA) Association &Gas Oil (API) Institute Petroleum American ALIGNED PARTIALLY issues. other and climate the on positions its topromote order in associations these in membership its maintain Total will review. this for selected criteria Total the on with aligned are associations these that indicates analysis The • • • follows: as is associations these with policy Our • • • • criteria: following the of more or one Total on with aligned partially are associations these that indicates analysis Our Maintain its commitment to promoting its position. disagrees. it which on points the Express on particularly and TXOGA), (API, gas natural of role The (API). energies renewable of development The Carbon pricing (API). (API). Agreement Paris The its membership if necessary. if membership its reassess and future the in alignment its Reevaluate regulations on methane emissions. U.S. of rollback the for organizations bythose support the Appendices 53 GETTING TO NET ZERO SEPTEMBER 2020 54 published in Total’s Universal Registration Document (URD). of the TCFD with the CDP questionnaire and the information tableThe below cross-references the recommendations provides astandard for corporate climate communications. Established bythe G20’s Financial Stability Board, the TCFD strategy, management, risk and metrics and targets. (TCFD), structured around four main areas: governance, of the Task Force on Climate-related Financial Disclosures For its climate reporting, Total follows the recommendations framework Reporting TCFD Document Registration Universal Total’s to Go questionnaire CDP 2020 the to answers Total’s to Go CDP = Total’s 2020 response to the CDP Climate Change questionnaire questionnaire Change Climate CDP the to response =Total’s 2020 CDP Document Registration =Total’s 2019 Universal URD such information is material. is information such and where opportunities risks climate-related relevant manage and toassess used targets and metrics the Disclose TARGETS AND METRICS climate-related risks. manages and assesses, identifies, organization the how Disclose RISK MANAGEMENT is material. information such where planning financial and strategy, the organization’s businesses, risks and on opportunities impacts of climate-related potential and actual the Disclose STRATEGY risks and opportunities. governance around climate-related organization’s the Disclose GOVERNANCE TOPIC Describe the targets used by used targets the c) Describe 2, 1, Scope Scope Disclose b) by used metrics the a) Disclose for processes how c) Describe processes organization’s the Describe b) organization’s the a) Describe Describe the board’s oversight oversight board’s the a) Describe Describe the resilience of the the of resilience the c) Describe climate-related of impact the Describe b) risks climate-related the a) Describe role management’s Describe b) FINANCIAL DISCLOSURES CLIMATE-RELATED ON FORCE R TASK THE OF ECOMMENDATIONS and performance against targets. against performance and opportunities and risks climate-related tomanage organization the risk management. overall organization’s the into integrated are risks climate-related managing and assessing, identifying, scenario. lower or a2°C including scenarios, climate-related consideration different into taking strategy, organization’s management process. risk and strategy its with line in opportunities and risks related climate- toassess organization the climate-related risks. assessing and identifying for processes opportunities. and risks climate-related of medium, and long term. long and medium, short, the over identified has organization the opportunities and emissions, and the related risks. related the and emissions, 3GHG Scope appropriate, if and, risks. climate-related managing for and financial planning. financial and organization’s strategy, businesses, risks and on opportunities the related risks and opportunities. climate- managing and assessing in IN TOTAL’SIN REPORTS LOCATION OF THIS INFORMATION 2019 –5.6.3 URD 2019 –5.6.3 URD 2019 –5.6.3 URD CDP –C2.1,CDP C2.2 2019 –5.6.1 URD 2019 –5.6.1 URD 2019 –5.6.2 URD 2019 –5.6.2 URD 2019 –5.6.2 URD 2019 –5.6.4 URD 2019 –5.6.4 URD 2019 –5.6.4 URD CDP –C4.1,CDP C4.2 CDP – C6, C10 –C6, CDP C10 –C6, CDP CDP –C2.2 CDP CDP –C1.2 CDP CDP –C3.1CDP CDP –C1.1CDP CDP –C3.1CDP CDP – C2 –C2 CDP

55 GETTING TO NET ZERO SEPTEMBER 2020 Indicators 56 ions factor (oxidation of molecules emissions. molecules of of avolume (oxidation obtain to factor sales ions those to emiss applied is dioxide) Astoichiometric energy. carbon into obtain to products the of combustion i.e., based use, end calculated are subsequent for category this products for finished of Emissions sales on reported. is material, most the is which products), sold of Protocol. 3(Use GHG 11 the in Scope of those Category with only consistent document, are this In which IPIECA, by published methodologies chain value industry petroleum the with 1. complies Total SCOPE 3 SCOPE Direct GHG emissions based on equity share equity on based emissions GHG Direct Direct GHG emissions at operated sites sites operated at emissions GHG Direct 1- OPERATED SCOPE EMISSIONS GHG of products sold for end use use end for sold products of customers by –Use emissions indirect Other sites operated at Indirect emissions use from energy routine and non-routine flaring) non-routine and routine safety, (includes scope) operated activities, gas and oil (upstream flaring of volume Total daily (GEEI) Indicator Efficiency Energy Group INDICATORS OTHER used by Total’s customers (71 gCO (71 byTotal’s customers used products energy the of intensity Carbon INDICATOR INTENSITY CARBON SCOPE 1 - EQUITY SHARE 1-EQUITY SCOPE SCOPE 2 - OPERATED 2-OPERATED SCOPE FACILITIES FACILITIES GAS AND OIL OPERATED 1&2FROM SCOPES Europe: Other (including Russia) (including Other Europe: Upstream Oil & Gas Operations &Gas Oil Upstream BREAKDOWN BY SEGMENT CH Americas &Services Marketing Chemicals & Refining operations gas upstream excluding &Power, Renewable Gas, Integrated N CO TYPE BYGHG BREAKDOWN Middle East Asia/Oceania Africa Kingdom +United +Norway E.U.27 Europe: BREAKDOWN BY REGION 2 O 4 2 Mt CO 1 (a)+(b)+(c)+(d) Mt CO Mt CO (d) (c) (b) (a) Of which routine flaring routine which Of 2 e/MJ in 2015) in e/MJ Mt CO Mt CO Mt Mt CO Mt CO Mt CO Mt CO Mt CO Mt CO Mt CO Mcu.m/d Base 100 in 2015 100 in Base Mt CO Mt Mt CO Mt CO Mt CO Mt CO Mt CO Mcu.m/d Base 100 in 2010 100 in Base 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 e e e e e e e e e e e e e e e e e e 2015 90.8 100 410 2.3 7.2 <1 <1 46 39 42 50 2222 19 12 2 1 3 4 1 4 - 2016 91.0 420 < 1 1.7 7.1 45 <1 <1 99 38 22 21 4 19 51 12 0 3 2 1 4 4 1 2017 85.7 400 < 1 5.4 1.0 3 <1 <1 35 50 20 97 21 41 10 17 0 2 2 1 4 4 8 2018 88.4 400 < 1 < 1 6.5 1.1 4 <1 <1 54 95 38 42 21 24 18 11 2 2 1 4 4 0 2019 88.0 41.5 410 < 1 < 1 0.9 5.7 <1 <1 39 55 94 20 24 41 18 11 3 2 1 4 4 • • • • • Registration Document: are included in the Universal documents following The can stillbefound onourcorporate website, website. Allofourpublications andthe latest newsandreports on this topic isavailable onourSustainable Performance the Universal Registration Document,allreporting information outlining ourcorporate socialresponsibility. Inadditionto Total offers asustainability reporting andinformation process More

auditors. statutory the from reports the Commercial Code, 225-102-3 L. French ofthe Article under required to governments made payments the on report the buy-back program, share ofthe description the Commercial Code, French ofthe 225-37 L. Article under required governance corporate on report ofDirectors’ Board the report, financial 2019the annual

governance (ESG) reporting standards and indexes. and standards reporting (ESG) governance Total’s response to environmental, social and It engagement. community also publicly discloses and rights human ethics, business stewardship, environmental climate, safety, to Total, particularly relevant issues sustainability all on performance and commitments policies, company’s the introduces Thechallenges. website, updated, regularly CSR our on information transparent to provide website adedicated 2016, May In Total launched Sustainable performance total.com . 57 GETTING TO NET ZERO SEPTEMBER 2020 Glossary Glossary 58 CO boe/d b G B or ofmeasurement Units t Mtpa M W TWh cu.m k J e

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