TotalEnergies SE
TotalEnergies EU Taxonomy Data Preview
In 2024, TotalEnergies was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
TotalEnergies has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of TotalEnergies are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected EU Taxonomy 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 TotalEnergies's Revenues from Sustainable Activities
In 2024, TotalEnergies reported EU Taxonomy-eligible revenues of USD 14.07 billion, representing 7.2% of its total turnover. Of this amount, USD 3.71 billion of TotalEnergies's revenues was classified as EU Taxonomy-aligned, indicating that 1.9% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
TotalEnergies's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have TotalEnergies's revenues become more sustainable over time?
Since 2020, TotalEnergies's taxonomy-aligned revenues decreased by 9.52% , indicating a long-term decline in environmentally sustainable revenue performance.
Compared to the previous year (2023), TotalEnergies's taxonomy-aligned revenues increased by 35.71%, highlighting TotalEnergies's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.
How much of TotalEnergies's revenue is eligible under the EU Taxonomy?
In 2024, TotalEnergies reported that USD 14.07 billion of its revenue was eligible under the EU Taxonomy, representing 7.2% of the company's total turnover. Of this amount, USD 3.71 billion (1.9% of total revenue) was classified as Taxonomy-aligned. This means that 5.3% of TotalEnergies's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
How much of TotalEnergies's eligible revenue is aligned with the EU Taxonomy?
In 2024, TotalEnergies reported that USD 3.71 billion of its revenue was aligned under the EU Taxonomy, representing 1.9% of its total turnover.
This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.
TotalEnergies's Eligibility & Alignment Overview
TotalEnergies's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is TotalEnergies's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, TotalEnergies reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 1.9%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does TotalEnergies earn from selling climate-related solutions ?
In 2024, TotalEnergies reported that USD 3.72 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 1.9% of the company's total revenue, indicating that TotalEnergies has limited exposure on solutions that support climate action through its commercial activities.
Insights into TotalEnergies's CAPEX from Sustainable Activities
In 2024, TotalEnergies reported EU Taxonomy-eligible CAPEX of USD 4.08 billion, representing 20.9% of its total CAPEX. Of this amount, USD 3.04 billion of TotalEnergies's CAPEX was classified as EU Taxonomy-aligned, indicating that 15.5% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
TotalEnergies's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have TotalEnergies's increased its investment in sustainable activities over time?
Since 2020, TotalEnergies's taxonomy-aligned capital expenditure (CAPEX) increased by 203.92%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), TotalEnergies's taxonomy-aligned CAPEX decreased by 39.69%, suggesting that TotalEnergies may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
How much of TotalEnergies's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, TotalEnergies reported that USD 4.08 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 20.9% of the company's total CAPEX. Of this amount, USD 3.04 billion (15.5% of total CAPEX) was classified as Taxonomy-aligned. This means that 5.4% of TotalEnergies's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
How much of TotalEnergies's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, TotalEnergies reported that USD 3.04 billion of its CAPEX was aligned under the EU Taxonomy, representing 15.5% of its total capital investment.
This moderate level of alignment indicates that TotalEnergies is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
TotalEnergies's Eligibility & Alignment Overview
TotalEnergies's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is TotalEnergies's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, TotalEnergies reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 15.5%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much TotalEnergies is investing in climate-related solutions?
In 2024, TotalEnergies allocated USD 3.04 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 15.5% of the company's total capital expenditure, indicating that TotalEnergies is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.
Insights into TotalEnergies's OPEX from Sustainable Activities
In 2024, TotalEnergies reported EU Taxonomy-eligible OPEX of USD 752.00 million, representing 18.7% of its total operating expenses (OPEX). Of this amount, USD 420.00 million of TotalEnergies's OPEX was classified as EU Taxonomy-aligned, indicating that 10.5% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
TotalEnergies's Taxonomy-Eligible Opex Over Time
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
Have TotalEnergies's increased its spending in sustainable activities over time?
Compared to the previous year (2023), TotalEnergies's taxonomy-aligned OPEX increased by 22.09%, highlighting TotalEnergies's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
How much of TotalEnergies's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, TotalEnergies reported that USD 752.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 18.7% of the company's total OPEX. Of this amount, USD 420.00 million (10.5% of total OPEX) was classified as Taxonomy-aligned. This means that 8.2% of TotalEnergies's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
How much of TotalEnergies's eligible OPEX is aligned with the EU Taxonomy?
In 2024, TotalEnergies reported that USD 420.00 million of its OPEX was aligned under the EU Taxonomy, representing 10.5% of its total operational expenditure.
This moderate level of alignment indicates that TotalEnergies is beginning to shift operational priorities toward greener practices, with room for deeper integration.
TotalEnergies's Eligibility & Alignment Overview
TotalEnergies's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
How is TotalEnergies's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, TotalEnergies reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 10.5%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much of TotalEnergies's operational budget supports climate-related solutions?
In 2024, TotalEnergies allocated USD 422.00 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 10.5% of the company's total OPEX, indicating that TotalEnergies is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.