Bloomberg Evaluates Company Results and Declared Objectives: Who Wins and Who Loses

The Bloomberg consultancy firm compiled a study that analyzed some large companies in sectors as diverse as oil, energy supplies, mining and the consumer products sector.

The work was based on the company objectives declared in terms of production impacts and on the results regarding their compliance.

Total, as stated in the press release, was among those companies that achieved the highest score.

Specifically, on April 13, BloombergNEF published its first study on aligning corporate strategies with the United Nations Sustainable Development Goals (SDGs).

With a score of 97/100, Total ranked third globally in the survey, among the four business sectors studied (Oil and Gas, Utilities, Metals & Mining, Consumer Goods) and first in its sector.

The study, entitled “ UN Sustainable Development Goals for Companies: Primer” evaluates companies based on an analysis of 10 categories of criteria, in terms of integrating the SDGs into their strategy, identifying their priority impacts and improvement objectives. The assessment also takes into account the transparency of the associated reporting.

Since 2016, Total has been committed to contributing to the achievement of the SDGs and uses them as a benchmark to measure and prioritize its impacts. The Group has also played a pioneering role in SDG reporting by contributing to the work of the platform created in 2017 by the UN Global Compact and Global Reporting Initiative (GRI).

“Total is resolutely committed to a transformation that addresses the challenges of the sustainable development agenda: combating global warming, providing tangible solutions and actively promoting a just transition. Total aims to be a benchmark for corporate commitment to the Sustainable Development Goals and I am pleased that the commitment of our teams has been recognized with this first ranking,” said Patrick Pouyanné , President and CEO of Total.

The Bloomberg study recognizes the alignment of Total's business strategy with clearly stated climate goals (SDG 13), its transformation into a broad-based energy company with tangible low-carbon energy projects (SDG 7), and the use of its economic and social weight, in particular within its supply chain (SDG 8).

The study also highlights Total's work on transparent reporting, publishing detailed reports on the SDGs.

Total believes that transparency is essential to build relationships of trust with its stakeholders and to place the Group on a path of continuous improvement.