• Increase the distribution of petroleum products, particularly in high-growth regions, and offer innovative solutions and services that meet the needs of customers and beyond the supply of petroleum products; and • Expand along the full gas value chain by unlocking access to new markets and boost profitable growth in the low carbon electricity businesses, from production based on gas and renewable energies to electricity and gas distribution to end customers.”284 “Finally, the Company and several of its subsidiaries have received claims by public entities in certain countries in view of financing the protective measures to be implemented in order to limit the consequences of climate change. The Group is subject to the risk of judicial actions in this area.”285 “The physical effects of climate change may adversely affect the Group’s business. TOTAL’s businesses operate in various regions, where the potential physical impact of climate change, including changes in weather patterns are highly uncertain and may adversely impact the Group’s operating income. Climate change potentially has multiple effects that could harm the Group’s operations. The Increasing scarcity of water resources may negatively affect the Group’s operations in some regions of the world, high sea levels may harm certain coastal activities, and the multiplication of extreme weather events may damage offshore and onshore facilities. These climate risk factors are continually assessed in the risk management and prevention plans.”286 “Against this backdrop, Total is resolutely pursuing our ambition of becoming the responsible energy major. We are also committed to helping achieve the United Nations Sustainable Development Goals (SDGs), specifically with regard to climate change, access to energy and biodiversity.”287 “Is there enough leadership today in the fight against climate change? Sadly not, and we can measure the size of the leadership gap. We can see it through the emissions gap, which shows that even if all the commitments under the Paris Agreement are met — including those from the United States before President Trump announced he was pulling out — then we’re still headed for a temperature rise of 2°9 to 3.4°C this century. That’s too far above the minimum goal of limiting temperature rise to 1.5°C. At the same time, we’ve seen a remarkable shift in China and India, both of which are moving rapidly toward renewables, and of course the European Union is continuing to lead in innovation and deployment. Even in the United States, investors have got the message that renewables are a better bet than coal. Total S.A. (2018), Registration Document 2018 Including the Annual Financial Report, p. 9, available at https://www.total.com/sites/default/files/atoms/files/ddr2018-en.pdf (last accessed on 12 September 2019). 285 Id. p. 77. 286 Id. 287 Total S.A. (September 2018), Integrating Climate Into Our Strategy: Climate Report, p. 6, available at https://www.total.com/sites/default/files/atoms/files/total_climat_2018_en.pdf (last accessed on 12 September 2019). 284 Annex D: Corporate Statements on Climate Change and Human Rights | 75

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