Following a detailed analysis of the climate positions of the American Petroleum Institute (API), Total has announced its decision not to renew its membership for 2021.
Each year, Total assesses the main industry associations of which it is a member to ensure they are aligned with the group’s climate positions.
It said this alignment review is based on six key points:
- Total’s science-based position that the link between human activity and climate change is an established fact.
- The company’s support for the objectives of the Paris Agreement.
- The company’s belief in the necessity to implement carbon pricing.
- The company’s confidence in the key role that natural gas plays in the energy transition.
- The company’s support for policies and initiatives that promote the development of renewable energy.
- The company’s support for the development of CO2 capture and storage,
These items are detailed in the Getting to Net Zero report issued in September 2020. Following the 2019 and 2020 reviews, API’s positions were assessed as “partially aligned” with those of the group.
Patrick Pouyanné, chairman and CEO of Total, said: “This transparency responds to our stakeholders’ expectations, as well as being an essential guarantee of the credibility of our strategy.”
For more information visit www.total.com
