This report presents the concrete results of the transition that TotalEnergies embarked on in 2020. It contains our ambition and our progress, the results of the climate impact of our strategy and our targets, as well as our action for a just transition for our employees, the environment and our stakeholders. In line with the resolution that you approved in May 2022, setting out TotalEnergies’ ambition for sustainability and energy transition toward net zero, your Board of Directors will submit this report to your consultative vote at the 2024 Shareholders’ Meeting.
The TotalEnergies story begins at the end of the First World War, when French President Raymond Poincaré asked the prominent industrialist Ernest Mercier to establish a company that could secure France’s energy sovereignty. The result was the Compagnie Française des Pétroles (CFP), founded in 1924.
Since that time, TotalEnergies has never stopped changing and has continued to stand apart through its pioneer spirit. Whether expanding into new parts of the world or pushing the limits of technology, our ability to continually adapt is also reflected in our successful mergers with companies like Petrofina and Elf Aquitaine and, more recently, Saft, Maersk Oil and Direct Energie.
Thanks to that pioneer spirit that has inspired the men and women of TotalEnergies since 1924, your Company has become an international force at the heart of the global energy challenges of the 21st century.
Our 100 years of history at totalenergies.com > Our Company > Our identity > Our history