The human, environmental and economic impacts of climate change are daily reminders of how we need to act urgently and invest to support the transition toward a low-carbon economy.

2022 Highlights


Low-carbon assets


Reduction in our portfolio’s carbon intensity since 2017

Net Zero

Objective for our total portfolio by 2050

For more details on our climate actions, read our 2022 Sustainable Investing Report. 

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. In 2019, we also decided to make a strong commitment: achieve a net-zero portfolio by 2050, with a focus on decarbonizing the real economy.

Since then, we significantly exceeded our intermediary targets, so in 2021 we announced a new and ambitious strategy based on four essential and complementary pillars to meet the major challenges of the transition.

See our strategy

Our strategy’s four pillars

Wind turbine icon

$54 B  ​

In low-carbon assets by 2025​

Reduction icon


Reduction in our portfolio’s carbon intensity by 2030 compared to 2017

Light bulb icon

$10 B​

Transition envelope to decarbonize major carbon-emitting sectors

Hand and leaf icon

2022 ​

Complete our exit from the oil production sector


Joining structuring initiatives