Technip Energies NV

Common Name
Technip Energies
Country
France
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
17,000
Ticker
TE
Exchange
EURONEXT
Description
Technip Energies N.V. is a leading global engineering and technology company focused on serving the energy sector and driving the energy transition. The company specializes in the design and execution...

Technip Energies's GHG Emissions Data Preview

In 2023, Technip Energies completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Technip Energies has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Technip Energies's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Technip Energies amounted to 18,845 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Technip Energies increased by 5.14%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Technip Energies's Scope 1 Emissions Over Time

202020212022202308501.7 k2.55 k3.4 ktCO2e+40%-13%+27%
  • Total Scope 1
  • Year-over-Year Change

What are Technip Energies's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Technip Energies were 3,327 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Technip Energies reduced its Scope 1 emissions over time?

Since 2020, Technip Energies's Scope 1 emissions have increased by 56.27%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Technip Energies's Scope 1 emissions increased by 27.32%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Technip Energies's Scope 2 emissions?

In 2023, Technip Energies reported Scope 2 greenhouse gas (GHG) emissions of 11,416 tCOâ‚‚e using the market-based method, and 15,518 tCOâ‚‚e using the location-based method.

Has Technip Energies reduced its Scope 2 emissions over time?

Since 2020, Technip Energies's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Technip Energies 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Technip Energies's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Technip Energies 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Technip Energies use for Scope 2 reporting?

In 2023, Technip Energies reported its Scope 2 emissions using the market-based method and using the location-based method.

Technip Energies's Scope 2 Emissions Over Time

202020212022202304.5 k9 k13.5 k18 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Technip Energies's Value Chain Emissions

In 2023, Technip Energies reported 1,597,602 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Technip Energies includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 9 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Technip Energies's Scope 3 Emissions Over Time

2021202220230500 k1 M1.5 M2 MtCO2e+10%-15%
  • Total Scope 3
  • Year-over-Year Change

What are Technip Energies's Scope 3 emissions?

In 2023, Technip Energies reported total Scope 3 emissions of 1,597,602 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.91% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.09% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Technip Energies's Scope 3 emissions decreased by 15.39%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Technip Energies disclose?

In 2023, Technip Energies reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Technip Energies's Scope 3 emissions?

In 2023, the largest contributors to Technip Energies's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 1,327,590 tCOâ‚‚e (83.1%)
  • Upstream Transportation and Distribution (Cat. 4): 183,829 tCOâ‚‚e (11.51%)
  • Waste Generated in Operations (Cat. 5): 51,583 tCOâ‚‚e (3.23%)

Technip Energies's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(83.1%)UpstreamTransportation andDistribution(Cat. 4)(11.5%)Waste Generated inOperations (Cat. 5)(3.2%)

Insights into Technip Energies's Total Carbon Footprint

In 2023, Technip Energies reported a total carbon footprint of 1,616,447 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.19% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Technip Energies's total carbon footprint was Scope 3 emissions, accounting for 98.83% of the company's total carbon footprint, followed by Scope 2 emissions at 0.96%.

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