ESG & UN Sustainable Development Goals: Total Recognized as a Top Leader by BloombergNEF
On April 13, BloombergNEF published its first study on the alignment of corporate strategies with the United Nations’ Sustainable Development Goals (SDGs). With a score of 97/100, Total ranked third worldwide in the survey, among the four business sectors studied(1), and first in its sector.
The study, entitled “UN Sustainable Development Goals for Companies: Primer” assesses companies on the basis of an analysis of 10 categories of criteria, in terms of integration of the SDGs into their strategy, identification of their priority impacts and improvement targets. The assessment also takes into account the transparency of the associated reporting.
The Bloomberg study recognizes the alignment of Total’s business strategy with clearly stated climate objectives (SDG 13), its transformation into a broad energy company with tangible lowcarbon energy projects (SDG 7), and the use of its economic and social clout, notably within its supply chain (SDG 8). The study also highlights Total’s work on transparent disclosure, with the publication of detailed SDG reporting.
(1) The study was carried out on four sectors: Oil and Gas, Utilities, Metals & Mining, Consumer Goods.