Our investment strategy to address climate change
Our first climate strategy, deployed in 2017, helped position us as a leader in the fight against climate change.
We set ambitious targets so we could take quick and structured action.
Having significantly exceeded these targets, we decided to make a strong commitment: achieve a net-zero portfolio by 2050, with a focus on decarbonizing the real economy.
Our new strategy, unveiled in 2021, is based on four essential and complementary pillars to meet the major challenges of the transition toward a sustainable economy.
We intend to continue contributing to the decarbonization of the real economy and achieve a carbon-neutral portfolio by 2050.
Our strategy’s four pillars
in green assets by 2025
reduction in our portfolio’s carbon intensity by 2030
transition envelope to decarbonize major carbon-emitting sectors
complete our exit of the oil production sector