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TotalEnergies 2Q23 Results | Climate Transition Analysis

Key findings

  • Better performance in Integrated Power with a ROACE of 10.1% for the last 12 months.

  • Renewables pipeline is tracking well against TotalEnergies’ 100GW capacity target, reaching 75GW this quarter, up 6% from 1Q23.

  • Disclosed scope 1, 2, and 3 emissions during 2Q23 were stagnant on 1Q23 levels. 

  • Oil and gas production increased 2% year-on-year.