NEWS COMMENTARY

Total joins its peers with ambition to reach net-zero emissions by 2050

Published:
June 22, 2020
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While already ahead of its peers when it comes to scope 3 emissions, Total has officially joined the decarbonization race after announcing its goal to reach net-zero emissions by 2050 across its global businesses. The French oil major is also going one step further to address scope 3 emissions with plans to achieve net-zero emissions for its energy products used by consumers by 2050, but did not disclose what steps will be taken to reach this target. We have already started to see strategies involving forest restoration initiatives from competitors like Shell, but the industry will ultimately need to turn to carbon capture technologies in order to offset emissions and achieve long-term targets.

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