Integrating Climate into our Strategy - 17
Encouraging a Collective Approach
The response to the 2°C scenario challenges must also
be collective. Two in particular require public and private
sector participation: eliminating routine flaring and
managing methane emissions. To speed up progress,
we are actively involved in these areas, through
international organizations and initiatives.
10 Companies Committed to the Climate
The industry-driven Oil & Gas
Climate Initiative (OGCI) was
announced during the United Nations
Climate Summit in New York on
September 23, 2014. The Initiative
currently has 10 members, all major
international companies, that together
represent around 20% of global
oil and gas production.
The CEO-led OGCI aims to catalyze
collective action by those most
committed to addressing climate
change and to advance technological
solutions through collaborative
programs. As a founding member,
we engaged fully in the initiative’s
launch and development. We are
working with our peers to further
topics such as the role of natural gas;
carbon capture, use and storage;
carbon reduction instruments
and mechanisms; and long-term
energy solutions.
In October 2015, following their
initial work, the chief executives
of the member companies met
with a panel of prominent experts
to discuss major political, scientific
and economic issues related to
climate change and agree on
the additional efforts that would need
to be made by our industry.
After calling for an ambitious COP21
agreement in its first report, the
OGCI and its members welcomed
the successful outcome of the
negotiations and defined a working
program for this year based on
three main priorities:
- Creating a shared roadmap to reduce
emissions in line with the 2°C target.
-C
onducting carbon capture,
use and storage R&D.
-D
eveloping a global database
and effective measurement tools
for methane emissions.
TOTAL ALSO SUPPORTS THE
FOLLOWING ORGANIZATIONS
AND INITIATIVES
-T
he World Bank’s Zero Routine Flaring
by 2030 initiative
-T
he Climate and Clean Air Coalition’s
Oil & Gas Methane Partnership
-T
he U.N. Global Compact’s
Caring for Climate initiative
-T
he Paris Pledge for Action to limit
the average global temperature rise
to less than 2°C
-T
he French Business Climate Pledge,
a commitment by 39 French companies
to combat climate change
-A
Coalition to Contribute to Universal Access
to Energy, bringing together 25 international
businesses and organizations
- The Terrawatt Initiative, which brings together
key players in the private sector to promote
affordable solar energy around the world
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