Total signs up to zero flaring initiative
Company has been voluntarily reducing flaring since 2005
Total has pledged to join the World Bank's planned Zero Routine Flaring by 2030 Initiative.
A member of the World Bank’s Global Gas Flaring Reduction Partnership since 2004, Total has voluntarily reduced routine gas flaring in its production operations by 40% since 2005.
In 2000, the Group announced that it would no longer routinely flare associated gas in new oil developments.
Total’s support for this new global initiative led by the World Bank is therefore aligned with its long-standing policy in this area.
Total is also joining the Climate and Clean Air Coalition, which works to more effectively measure, manage and mitigate emissions of methane, a gas whose global warming potential is much higher than carbon dioxide’s.
Given methane’s high global warming potential and relatively short lifetime in the atmosphere, curbing emissions would significantly improve climate change management.
“Total is fully aware of the role the oil and gas industry plays in climate change,” commented Patrick Pouyanné, CEO of Total
“Our support for these three global initiatives is a logical extension of the work we have undertaken for a number of years to reduce flaring, cut our greenhouse gas emissions and improve the energy efficiency of our facilities.
“These efforts have been supported by substantial investments to produce and market natural gas, the fossil fuel with the lowest impact on climate change, as well as in solar energy, through our affiliate SunPower, a leader in high-efficiency photovoltaic cells and panels.”