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Technip Energies NV
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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Technip Energies’s Greenhouse Gas (GHG) Emissions Data
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Insights into Technip Energies's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofTechnip Energies amounted to16,679metric 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 Energiesdecreased 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
- 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 COâ‚‚ equivalent (tCOâ‚‚e).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.ab
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 tCOâ‚‚e using the market-based method and 14,521 tCOâ‚‚e 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.ab
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
- 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 COâ‚‚ equivalent (tCOâ‚‚e) 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 10of 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
- 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 COâ‚‚ equivalent (tCOâ‚‚e).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 tCOâ‚‚e(89.85%)
- Upstream Transportation and Distribution (Cat. 4): 80,588 tCOâ‚‚e(4.74%)
- Waste Generated in Operations (Cat. 5): 39,694 tCOâ‚‚e(2.34%)
Technip Energies's Scope 3 Emissions by Categories
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 tCOâ‚‚e and total revenues of USD 6,993 millions. This translates into an emissions intensity of 0.31 tCOâ‚‚e per millions USD.a
Technip Energies's Scope 1 Emissions Intensity Compared to Peers
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 tCOâ‚‚e per millions USD. Compared to the peer group median of 13.79, 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 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 COâ‚‚ equivalent (tCOâ‚‚e) 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