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Integrate ESG into our business strategy
The strategy of Technip Energies is 100% focused on the energy transition, which means supporting our clients to address the challenges that the energy transition represents for their business. How do we achieve this? By leveraging both pillars of our business: Technology, Products & Services (“TPS”) and Project Delivery. Unlike other players in our industry, Technip Energies is uniquely positioned as an EPC contractor with proven expertise in project execution, and with its own portfolio of technologies, advisory and consulting services.
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TECHNOLOGY, PRODUCTS & SERVICES
Technip Energies portfolio of proprietary technologies enables us to work on the supply side to decarbonize energy. Our engineering capabilities can be leveraged to accelerate time to market and take nascent technologies from laboratory prototypes to full scale industrialization. We are joining forces with innovative start-ups, universities, as well as established players from within and across different industries to bridge expertise and develop new solutions. We are organized around three market-focused business lines to meet customer needs from energy source to end-use: gas and low-carbon energies; sustainable fuels, chemicals and circularity; and carbon-free solutions. Our focus on technologies
3,000 patents
More than
X5 Energy transition
portfolio increased from €200 million
to €1 billion
2 technology centers
PROJECT DELIVERY
ESG considerations play an essential role in successful project delivery in three key areas: First, when we assess a project, we look at it
through an energy transition lens to identify opportunities to promote our decarbonization technologies and build a proposition with the lowest environmental impact. We have a rigorous project framework, applying a very selective and risk-based assessment covering safety, security, environment and respect of human rights. By assessing all the risks at the earliest stage of a project we can propose solutions to mitigate risks to a level which is acceptable for all stakeholders involved.
Next, we build a project team with the right competencies, skills, and experience. From the very start of the project, we formalize the execution plan, coordinate procedures and
means that we adopt a consistent approach across all these domains, making sure that knowledge is shared around the group. We develop ideas and processes that have worked in certain markets and look to apply them globally. In addition, our T.EN X – Consulting & Products business line provides cross-market services to support customers at each stage of their asset life, from ultra-front-end design, through project management consultancy, to asset lifecycle excellence. Technology-driven and feedstock agnostic, we integrate complex technologies, including our own, to decarbonize the energy supply, enhance circularity and leverage digital solutions. See more in our 2022 Annual Report, section 2.2.1. Technologies, Products & Services.
organization, and establish overall project controls. Everyone knows how to work. For project managers, it’s about leadership, fostering a collaborative mindset, being flexible and agile to make sure things are happening and motivating people to outperform that makes a difference.
And most importantly, we ensure transparent collaboration with partners. This means having a clear code of business conduct which reflects our commitment to acting ethically, lawfully, and sustainably. We collaborate with our partners and suppliers towards a sustainable supply chain to instill a culture of social responsibility as we work towards our ESG Roadmap commitments. Working together to monitor risks, establish contractual safeguards, and share information to reach solutions is a win-win approach.
See more in our 2022 Annual Report, sections 2.1.1. Selectivity and project execution and 2.2.2. Project Delivery.
2022 key figures
Our teams on a construction yard
Loading Systems manufacturing site
Technip Energies Sustainability Report 2022 . 6362 . ESG Roadmap and Performance
