Introduction
Our sustainability ambition
TotalEnergies EP Denmark’s sustainability strategy is structured around four pillars which support the Company ambition to build the sustainable energy systems of tomorrow while continuing to supply the energy the world needs today.
During 2023, TotalEnergies EP Denmark adopted an action plan with targets to be reached by 2025. Under the name Sustainab’ALL, this plan describes how we contribute materially to the four pillars outlined below.
In Denmark, our operations are carried out as operator for and part of the DUC together with our partners BlueNord (36.8%) and Nordsøfonden (20%). Numbers and targets in this report1 include total DUC activities and not just TotalEnergies’ 43.2% equity share.
Climate and Sustainable Energy
Ambition:
Our ambition is to be a major player in the energy transition and reach net zero by 2050, together with society, by taking steps to:
- Reduce emissions from our operated industrial facilities (Scopes 1+2)
- Reduce indirect emissions associated with the use of our products (Scope 3)
Focus areas:
- Consume less and consume better energy within TotalEnergies
- Promote climate responsible supplier
- Innovate in support of our transformation
- Develop carbon storage solutions
People’s Well-Being
Ambition:
We want to set the benchmark as an employer and responsible operator. To that end, we endeavor to:
- Ensure people’s safety
- Uphold human rights in our operations and those of our suppliers
- Put our employees at the heart of our transformation
Focus areas:
- Develop our people’s engagement
- Enhance the skillset of our people to ensure the successful transformation of our business
- Advance inclusion in our Company
Care for the Environment
Ambition:
We want to mobilize our operational excellence on behalf of nature and the environment. To do that, we have identified three priorities:
- Act for biodiversity
- Preserve water resources
- Be a player in the circular economy
Focus areas:
- Promote circular economy in our operations
- Mobilize the Company for biodiversity
Creating Shared Value
Ambition:
We want to create shared value for a just transition by:
- Making commitments to all of our stakeholders
- Ensuring accessible, affordable energy for all
- Sharing the economic value we create
Focus areas:
- Create prosperity in the territories where we are present
1 This Sustainability Report 2023 constitutes a voluntary report issued on behalf of the operator of Danish Underground Consortium in Denmark, TotalEnergies EP Denmark. To see the mandatory sustainability reporting according to Danish and European legislation, please refer to the corporate TotalEnergies Sustainability & Climate 2024 Progress Report or the Compay’s Universal Registration Document both available on the corporate website https://totalenergies.com or consult the Annual Accounts for the Danish affiliates available at https://virk.dk.
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