A Two-pillar Multi-energy Strategy
TotalEnergies' strategy to address the growing global energy demand while cutting greenhouse gas emissions is based on two main pillars: Oil & Gas and Electricity (Integrated Power).
Facing the dual challenge of increasing energy needs and reducing emissions, we pursue an integrated, balanced multi-energy transition strategy aimed at achieving carbon neutrality in collaboration with society.
Energy is a vital resource, essential everywhere for food production, lighting, heating and cooling, transportation, healthcare, construction, and trade. It is central to the climate challenge as 80% of the global energy system still depends on fossil fuels.
Historically, energy demand has risen alongside population growth and improvements in living standards. The global population is expected to increase by nearly 2 billion people between 2023 and 2050.
This demographic growth will significantly impact progress toward the UN Sustainable Development Goals, which strive to enhance prosperity and social welfare while safeguarding the environment and biodiversity.
There is an urgent need to accelerate the development of a low-carbon energy system, while maintaining sufficient current energy supplies to meet global demand and ensure a just, orderly, and equitable energy transition.
"Meeting growing global energy demand, while reducing the greenhouse gas emissions associated with energy production and use: faced with this double challenge, we are developing an integrated and balanced multi-energy transition strategy, as part of our approach towards carbon neutrality, together with society."
"Energy is an essential resource, everywhere indispensable for living: for food, lighting, heating and cooling, transport, healthcare, construction and trade."
"The global energy system still relies 80% on fossil fuels."
Author’s summary: TotalEnergies focuses on a balanced two-pillar energy strategy to meet rising demand responsibly, advancing towards carbon neutrality while ensuring equitable access worldwide.
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