Technip Energies NV

Common Name
Technip Energies
Country
France
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
15,105
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 2024, 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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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Technip Energies’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Technip Energies’s data sources below and access millions more through our Disclosure Search.

a. Technip Energies's Annual Report 2024
a. Technip Energies's Annual Report 2024
b. Technip Energies's Sustainability Report 2022
b. Technip Energies's Sustainability Report 2022

Insights into Technip Energies's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Technip Energies amounted to 16,679 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). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Technip Energies decreased by 11.49%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Technip Energies's Scope 1 Emissions Over Time

2020202120222023202408501.7 k2.55 k3.4 ktCO2e+40%-13%+27%-35%
  • Total Scope 1
  • Year-over-Year Change

What are Technip Energies's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Technip Energies were 2,158 metric tons of CO₂ equivalent (tCO₂e). a

Has Technip Energies reduced its Scope 1 emissions over time?

Since 2020, Technip Energies's Scope 1 emissions have increased by 1.36%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Technip Energies's Scope 1 emissions decreased by 35.14%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Technip Energies's Scope 2 emissions?

In 2024, Technip Energies reported Scope 2 greenhouse gas (GHG) emissions of 9,877 tCO₂e using the market-based method and 14,521 tCO₂e using the location-based method. a

Has Technip Energies reduced its Scope 2 emissions over time?

Since 2020, Technip Energies's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 11.51%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), 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. a

What methodology does Technip Energies use for Scope 2 reporting?

In 2024, Technip Energies reported its Scope 2 emissions using the market-based method and using the location-based method. a

Technip Energies's Scope 2 Emissions Over Time

2020202120222023202404.5 k9 k13.5 k18 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Technip Energies's Value Chain Emissions

In 2024, Technip Energies reported 1,698,636 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Technip Energies includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Technip Energies's Scope 3 Emissions Over Time

20212022202320240500 k1 M1.5 M2 MtCO2e+7%-16%+11%
  • Total Scope 3
  • Year-over-Year Change

What are Technip Energies's Scope 3 emissions?

In 2024, Technip Energies reported total Scope 3 emissions of 1,698,636 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 99.96% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.04% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Technip Energies's Scope 3 emissions increased by 10.51%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Technip Energies disclose?

In 2024, Technip Energies reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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 2024, the largest contributors to Technip Energies's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 1,526,150 tCO₂e (89.85%)
  • Upstream Transportation and Distribution (Cat. 4): 80,588 tCO₂e (4.74%)
  • Waste Generated in Operations (Cat. 5): 39,694 tCO₂e (2.34%)

Technip Energies's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(2.3%)UpstreamTransportation andDistribution(Cat. 4)(4.7%)Purchased Goods andServices (Cat. 1)(89.8%)

Insights into Technip Energies’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Technip Energies reported Scope 1 greenhouse gas (GHG) emissions of 2,158 tCO₂e and total revenues of USD 6,993 millions. This translates into an emissions intensity of 0.31 tCO₂e per millions USD. a

Technip Energies's Scope 1 Emissions Intensity Compared to Peers

501,00020,000500,00010,000,000Scope 1 Emissions (tCO2e)1005002,00010,000100,000Revenues (Millions of USD)OCVSRValarisYear: 2024Scope 1: 766,180 tCO2eRevenue: $M 2,363Scope 1 Intensity: 324.30 tCO2e/$MSaipemYear: 2024Scope 1: 1,103,000 tCO2eRevenue: $M 15,140Scope 1 Intensity: 72.85 tCO2e/$MSBM OffshoreYear: 2024Scope 1: 169 tCO2eRevenue: $M 4,092Scope 1 Intensity: 0.04 tCO2e/$MOOOffshore Oil EngineeringYear: 2023Scope 1: 312,714 tCO2eRevenue: $M 4,327Scope 1 Intensity: 72.27 tCO2e/$MTidewaterYear: 2023Scope 1: 1,074,336 tCO2eRevenue: $M 1,010Scope 1 Intensity: 1,063.71 tCO2e/$MCCChina Petroleum EngineeringYear: 2023Scope 1: 180,078 tCO2eRevenue: $M 11,305Scope 1 Intensity: 15.93 tCO2e/$MVVViridienYear: 2024Scope 1: 2,165 tCO2eRevenue: $M 1,040Scope 1 Intensity: 2.08 tCO2e/$MFugroYear: 2024Scope 1: 210,000 tCO2eRevenue: $M 2,368Scope 1 Intensity: 88.69 tCO2e/$MSubsea 7Year: 2024Scope 1: 748,000 tCO2eRevenue: $M 6,837Scope 1 Intensity: 109.40 tCO2e/$MLiberty EnergyYear: 2023Scope 1: 2,329,847 tCO2eRevenue: $M 4,748Scope 1 Intensity: 490.71 tCO2e/$MWeatherford InternationalYear: 2023Scope 1: 116,153 tCO2eRevenue: $M 5,135Scope 1 Intensity: 22.62 tCO2e/$MBumi ArmadaYear: 2023Scope 1: 1,850 tCO2eRevenue: $M 464Scope 1 Intensity: 3.99 tCO2e/$MGaztransport et TechnigazYear: 2024Scope 1: 323 tCO2eRevenue: $M 667Scope 1 Intensity: 0.48 tCO2e/$MWorleyYear: 2024Scope 1: 23,963 tCO2eRevenue: $M 7,863Scope 1 Intensity: 3.05 tCO2e/$MBaker HughesYear: 2024Scope 1: 386,367 tCO2eRevenue: $M 27,829Scope 1 Intensity: 13.88 tCO2e/$MExmarYear: 2024Scope 1: 4,073 tCO2eRevenue: $M 297Scope 1 Intensity: 13.70 tCO2e/$MAker SolutionsYear: 2024Scope 1: 11,163 tCO2eRevenue: $M 4,622Scope 1 Intensity: 2.42 tCO2e/$MSSSeatriumYear: 2024Scope 1: 76,013 tCO2eRevenue: $M 6,772Scope 1 Intensity: 11.23 tCO2e/$MMRC GlobalYear: 2023Scope 1: 13,802 tCO2eRevenue: $M 3,412Scope 1 Intensity: 4.05 tCO2e/$MSBOYear: 2023Scope 1: 4,041 tCO2eRevenue: $M 648Scope 1 Intensity: 6.23 tCO2e/$MNovYear: 2024Scope 1: 135,554 tCO2eRevenue: $M 8,870Scope 1 Intensity: 15.28 tCO2e/$MHalliburtonYear: 2024Scope 1: 3,022,264 tCO2eRevenue: $M 22,944Scope 1 Intensity: 131.72 tCO2e/$MRRReach SubseaYear: 2024Scope 1: 46,768 tCO2eRevenue: $M 240Scope 1 Intensity: 195.17 tCO2e/$MTenarisYear: 2024Scope 1: 2,000,000 tCO2eRevenue: $M 10,717Scope 1 Intensity: 186.62 tCO2e/$MTechnip EnergiesYear: 2024Scope 1: 2,158 tCO2eRevenue: $M 6,993Scope 1 Intensity: 0.31 tCO2e/$M

How does Technip Energies's GHG emissions intensity compare to its peers?

In 2024, Technip Energies reported a Scope 1 emissions intensity of 0.31 tCO₂e per millions USD. Compared to the peer group median of 15.61 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Technip Energies rank on GHG emissions intensity within its industry?

In 2024, Technip Energies ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Technip Energies among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Technip Energies's Total Carbon Footprint

In 2024, Technip Energies reported a total carbon footprint of 1,715,315 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.25% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Technip Energies's total carbon footprint was Scope 3 emissions, accounting for 99.03% of the company's total carbon footprint, followed by Scope 2 emissions at 0.85%. a

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