TotalEnergies (TTE.PA) said Thursday it plans to annually reduce the carbon intensity of the products it brings to market in response to the Paris Judicial Court's recent ruling.
The French energy company agreed to amend its vigilance plan in line with the court's request to include scope 3 or its customers' emissions in its targets. Accordingly, it is aiming to cut the carbon intensity of its products by 25% in 2030, compared with 2015 levels. It said carbon intensity was already down by 18% in end-2025, compared with the 2015 base level.
The group also noted the court's decision not to uphold requests to ban it from engaging in new oil and gas projects or reduce its oil and gas production.