TotalEnergies responds to Greenpeace report
The Greenpeace report follows a methodology that is dubious to say the least . Greenpeace carries out calculations that do not take into account the integration of TotalEnergies along the oil and gas value chains and thus counts several times the emissions linked to the combustion of products on each value chain. Such reasoning applied to all companies that produce, transport, refine, trade or sell fossil fuels would result in total emissions several times higher than annual global CO 2 emissions .
The emissions calculated by Greenpeace for TotalEnergies would correspond to more than 8% of global GHG emissions linked to oil and gas (19 GtCO 2 in 2019, source IEA): this value obviously does not reflect TotalEnergies’ market share in the global Oil & Gas sector (between 1.5 and 2%).
Greenpeace criticizes the reporting of emissions for the year 2019, thus ignoring the information reported since then by TotalEnergies on various Scope 3 categories.
In terms of reporting its emissions, TotalEnergies follows the sectoral methodologies for Oil & Gas published by IPIECA, which are themselves fully compliant with the international methodologies resulting from the 1998 GHG Protocol . In order to avoid double counting, this methodology counts the largest volume in the oil or gas value chain, ie either production or sales 1 . In addition, all TotalEnergies emissions reporting is reviewed by EY.
TotalEnergies supports the development of international climate reporting standards allowing for the comparability of information and the harmonization of practices and methodologies . TotalEnergies has been a forerunner in following the recommendations of the Task Force on Climate Finance Disclosure (TCFD) and strives to provide the public with ever more complete information on climate matters, as was the case in 2022 with the publication of the first Sustainability & Climate 2022 Progress report.
The GHG Protocol aims to harmonize and unify international reporting for all companies so that their GHG emissions reports are comprehensive, significant and comparable . GHG accounting and reporting principles ensure that the reported inventory represents a realistic, consistent and accurate account of a company’s GHG emissions.
Greenpeace reports Scope 1 emissions in heritage share of more than 160 million tonnes of CO 2 e in 2019, while these Scope 1 emissions in heritage share as reported by TotalEnergies were 55 million tonnes of CO 2 .
Scope 1 emissions correspond to direct emissions linked to the activities of TotalEnergies. Scope 2 emissions correspond to indirect emissions related to energy purchases (electricity, heat and steam), ie emissions related to the production, by a third party, of the energy purchased by TotalEnergies. They can be related to the scope operated, i.e. to the scope of operations directly controlled by TotalEnergies, or to the property scope, i.e. corresponding to the Company’s share in the assets in which it holds a stake.In 2021, Scope 1+2 emissions operated by TotalEnergies were 37 million tonnes of GHGs (excluding the Covid 19 effect), down 20% compared to 2015. Scope 1+2 emissions as part of TotalEnergies’ assets were 54 million tonnes in 2021 (49 million tonnes for scope 1 alone) .
TotalEnergies has published in the 2021 Universal Registration Document on page 302 the details of Scope 1 and Scope 2 emissions by sector, by geographical area, by type of greenhouse gas, by property scope and by operated scope. TotalEnergies information related to climate change is reviewed by EY.
The figure of 160 million tonnes of GHGs reported by Greenpeace for 2019 (for scope 1 in the heritage share) is fanciful to say the least and as regards information concerning the quality and reliability of the information published by TotalEnergies, we recall that The dissemination by any person of false or misleading information on the situation of an issuer is prohibited and TotalEnergies reserves all its rights accordingly .
Scope 3 , category 11 emissions correspond to indirect GHG emissions linked to the use of energy products by customers, ie from their combustion to obtain energy. In order to avoid double counting, TotalEnergies counts the largest volume in the oil or gas value chain, namely either production or sales. In 2021, the calculation of Scope 3 GHG emissions for the oil value chain takes into account sales of petroleum products and biofuels (above production) and for the gas value chain, sales of gas either in the form of LNG , or in the context of marketing to B2B/B2C customers, which are equivalent to marketable gas production.In 2021, these Scope 3 emissions (excluding the Covid-19 effect) were 400 million tonnes of GHGs, again down from 2015 .
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