TotalEnergies SECourt rejected bid to halt new oil and gas projects, confirming company's vigilance plan is adequate.

The Paris Judicial Court did not uphold claims seeking to prohibit TotalEnergies from developing new oil and gas projects or to force a reduction in its production. The ruling states that the duty of vigilance law is not intended to hold companies responsible for climate risks from all human activity since the industrial revolution, and that the court cannot set emission targets for the company. TotalEnergies notes the court confirmed it has integrated climate issues into its vigilance plan, with a 28% reduction in operational greenhouse gas emissions since 2015 and a 65% cut in methane emissions since 2020. The court requested the inclusion of customer emissions, known as Scope 3, in the vigilance plan, which the company will supplement using its sustainability report, targeting a 25% reduction in the carbon intensity of sold energy products by 2030 compared to 2015, after an 18% reduction by end-2025.
TotalEnergies SECourt rejected bid to halt new oil and gas projects, confirming company's vigilance plan is adequate.