About TotalEnergies
Safety, Respect for Each Other, Pioneering Spirit, Stand Together and Performance-Minded are what drives us. These values guide daily the actions and relations of the Company with its stakeholders.
These five values also require all of TotalEnergies' employees to behave in an exemplary manner. Priority is given to safety, security, health, the environment, integrity in all its forms and human rights.
It is through the strict adherence of our employees to these values and to this course of action that our Company intends to build strong and sustainable growth for ourselves and for all of our stakeholders.
In this way, we deliver on our commitment to better energy.
Fostering social and economic development in host countries with contributions amounting to USD 10,212 million in income tax, USD 11,783 million in production taxes paid by EP activities, USD 2,396 million in employer social charges and USD 18,940 million in excise taxes.
The Company achieved nearly a 15% return on average capital employed in 2024, the best among the majors for the third consecutive year.
3rd largest LNG player worldwide with 39.8 Mt of LNG sold in 2024, including 15.5 Mt from equity production of the Company.
Strong and Diverse Workforce 1,00,000+ people representing close to 170 nationalities.
R&D Budget: USD 805 million – 15 R&D Centres Worldwide
Financial Indicators (1)
Adjusted net income (TotalEnergies share)
Return on equity (ROE)
Return on average capital employed (ROACE)
Cash flow from operations excluding working capital (CFFO)
Dividend per share for the fiscal year 2024(2)
Gearing ratio (3)
Net investment (USD 4.8 billion for low carbon energies mainly in power)
Pre-dividend organic cash breakeven
(1) Refer to the glossary for definitions and additional information on alternative performance measures
(APM, Non-GAAP measures) and to point 1.9 for reconciliation tables.
(2) Subject to approval by the Shareholders' Meeting on May 23, 2025.
(3) Excluding leases: 13.8% including leases.
(1) Company production = E&P production + Integrated LNG production.
(2) Solar, wind, hydroelectric and gas flexible capacities.
(3) Excluding combined-cycle gas plant in Taweelah, United Arab Emirates.
(4) Includes 20% of Adani Green Energy Ltd's gross capacity, 50% of Clearway Energy Group’s gross capacity effective third quarter 2022, and 49% of Casa dos Ventos’ gross capacity effective first quarter 2023.
TotalEnergies supports the objectives of the Paris Agreement and is deploying a strategy to meet the needs of both development and energy transition: more energy and less emissions.
TotalEnergies reaffirms the relevance of its balanced integrated multi-energy strategy considering the developments in the oil, gas and electricity markets. Anchored on two pillars, Oil & Gas, notably LNG, and electricity, the energy at the heart of the transition, the Company plans to increase its energy production (hydrocarbons and electricity) by +4% per year between 2024 and 2030 and is in a very favourable position to take advantage of energy prices evolution. Thanks to the refocussing of the Oil & Gas portfolio on assets and projects with low breakeven and low greenhouse gas emissions, and to the diversification into electricity, notably renewable, through an integrated strategy from production to customer, the Company is implementing its transition strategy while ensuring an attractive shareholder return policy.
Over the decade 2020-2030, TotalEnergies’ energy transition strategy based on two pillars is reflected in the production targets shown in the graph. TotalEnergies plans to increase its energy production (oil, gas and electricity), overall, by 4% per year between 2024 and 2030. In 2025, the electricity production should account for 10% of its hydrocarbon production. By 2030, its objective is to increase it to nearly 20%.
At the same time, the Company is pursuing its trajectory of reducing its emissions (Scope 1+2 CO2 and methane) from its operated facilities with a view to reducing net emissions by 40% compared with 2015.
The growth of its electricity sales allows it to target a 25% reduction in the lifecycle carbon intensity of our sales by 2030 compared to 2015.
(1) Net emissions, including nature-based carbon sinks from 2030.
(2) On IFRS basis (International Financial Reporting Standards).
(3) Lifecycle carbon intensity of energy products sold. See report's glossary for further details.
In 2050, our trading portfolio would be aligned with our productions and sales.
1 Biofuels, biogas, hydrogen and e-fuels/e-gas.
2 From operated facilities.
3 GHG Protocol – Category
Energy is at the heart of one of the great challenges of the 21st century: saving our planet from the threat of climate change while enabling the majority of mankind to escape from poverty. The climate challenge and energy transition are inseparable from other major world challenges such as poverty, hunger, environmental degradation, biodiversity loss, the preservation of water, ethics and corruption: these are the 17 U.N. Sustainable Development Goals.
It is not enough to decarbonise energy. It is also necessary to meet in a responsible way the growing needs for affordable and sustainable energy of a rising global population. This is TotalEnergies’ purpose: to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. And this is why the Company aims at placing Sustainability in all its dimensions at the heart of its strategy, its projects and its operations and at establishing the benchmark for endorsement of the Sustainable Development Goals.
Climate andsustainable energy
Caring for theenvironment
Having a positive impactfor stakeholders
Acting for the well-beingof employees
