The Board of Directors of Total has given approval for the company’s name to be changed from Total to TotalEnergies. The move is to invest more in renewable energy.
This was disclosed by the President/Director-General of the company, Patrick Pouyannes via a video shared on its site on Monday.
He said, “The new identity/name voices the dynamic we have collectively and resolutely launched as well as the enthusiasm that inspired us to take this course. It is based on our values and history.
“It also shows our stakeholders the path we are taking and I have no doubt that TotalEnergies will be the emblematic brand of our ambition and the banner under which we will achieve our future successes.”
What you should know
- In December 2015, the Paris Agreement woke world citizens up to the climate issues when it called for world carbon neutrality in the second half of the century.
- Total is doing this to support the Paris Agreement, which is why it started a significant move towards new energies in 2016, so it would continue to fulfil its mission to provide more affordable, more reliable and cleaner energy in the best way.