Finance
TotalEnergies tightens emissions targets despite aims to sell more gas
Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
TotalEnergies plans to boost gas sales while reducing overall emissions by transitioning from dirtier fuels, aiming for lower CO2-equivalent emissions in 2024.
By America Hernandez
PARIS - TotalEnergies said it plans to sell more natural gas in coming years, likely increasing the company's indirect emissions of planet-warming gasses such as CO2, but said overall emissions will fall due to the transition from dirtier fuels, it said on Thursday in its annual sustainability progress report.
In 2024 the French oil major emitted a total of 376 million metric tons (Mt) of CO2-equivalent, of which 342 Mt were indirect so-called Scope 3 emissions resulted by clients burning purchased fuels.
That is slightly down from 386 Mt of CO2-equivalent in 2023.
(Reporting by America Hernandez in Paris and Alban Kacher in Gdansk, Editing by Louise Heavens)
The article discusses TotalEnergies' plans to increase natural gas sales while aiming to reduce overall emissions.
By transitioning from dirtier fuels to cleaner alternatives, despite increasing gas sales.
Scope 3 emissions are indirect emissions resulting from clients burning purchased fuels.
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