REG-TotalEnergies SE TotalEnergies Takes Action to Give Access to Clean Cooking to 100 Million People in Africa and India

TotalEnergies SEAnnouncement

14/05/2024 13:15

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TotalEnergies Takes Action to Give Access to Clean Cooking to 100 Million
People in Africa and India

 

At the Clean Cooking Summit organized by the International Energy Agency
(IEA), TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announced its ambition
of giving 100 million people in Africa and India access to clean cooking by
2030. TotalEnergies will therefore invest more than $400 million in the
development of liquefied petroleum gas (LPG) for cooking.

In addition, to make clean cooking affordable for as many people as possible,
the Company will develop the use of digital pay-as-you-cook technologies that
allow customers to pay only as they use the LPG cylinder, rather than having
to pay the full value of the cylinder volume up front.

According to the IEA(1)
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.iea.org%2Freports%2Fa-vision-for-clean-cooking-access-for-all%2Fexecutive-summary&esheet=53989056&newsitemid=20240514330368&lan=en-US&anchor=IEA1&index=1&md5=54e029ad0a51e2ae2db66545845f31ac)
, more than 2.3 billion people worldwide do not have access to clean cooking
solutions and still cook their meals on traditional stoves using wood and
charcoal. As the IEA points, access to cleaner cooking fuels, such as LPG,
helps:


 * Improve people’s health thanks to better air quality, limiting the risk of
respiratory complications and cardiovascular disease. Household air pollution
is the second leading cause of premature death among women in sub-Saharan
Africa.


 * Reduce gender inequality by facilitating access to education, employment,
entrepreneurship and, ultimately, financial independence for women. Clean
cooking solutions represent a significant time-saver for people who would
otherwise spend as much as 20 hours per week collecting wood for cooking
purposes.


 * Reduce CO₂ emissions and deforestation. Universal access to clean cooking
solutions would result in emission savings of up to 1.5 billion tons of CO(2)
equivalent by 2030 (of which 900 million tons in Africa) – equivalent to the
CO(2) emissions produced by the air and maritime industries in 2022 or the
deforestation of forests the size of Ireland each year.

“We praise this initiative by the IEA, which TotalEnergies embraces to
promote access to reliable, affordable and sustainable cooking solutions for
as many people as possible, in line with the Company’s purpose” said
Patrick Pouyanné, Chairman and CEO of TotalEnergies. “By developing
access to clean cooking in Africa and India, TotalEnergies aims to have a
positive impact on the environment and on people’s health, while also
helping to reduce gender inequalities in these regions. Clean cooking
contributes to long-term social, economic and human development in a more
sustainable way.”

The company is already a major player in the distribution of LPG in cylinders,
with more than 50 million people in Africa and Asia benefiting already from a
reliable and cleaner energy.

***

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets
energies: oil and biofuels, natural gas and green gases, renewables and
electricity. Our more than 100,000 employees are committed to provide as many
people as possible with energy that is more reliable, more affordable and more
sustainable. Active in about 120 countries, TotalEnergies places
sustainability at the heart of its strategy, its projects and its operations.

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Cautionary Note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in
this document are used to designate TotalEnergies SE and the consolidated
entities that are directly or indirectly controlled by TotalEnergies SE.
Likewise, the words “we”, “us” and “our” may also be used to refer
to these entities or to their employees. The entities in which TotalEnergies
SE directly or indirectly owns a shareholding are separate legal entities.
TotalEnergies SE has no liability for the acts or omissions of these entities.
This document may contain forward-looking information and statements that are
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competitive and regulatory environment. They may prove to be inaccurate in the
future and are subject to a number of risk factors. Neither TotalEnergies SE
nor any of its subsidiaries assumes any obligation to update publicly any
forward-looking information or statement, objectives or trends contained in
this document whether as a result of new information, future events or
otherwise. Information concerning risk factors, that may affect
TotalEnergies’ financial results or activities is provided in the most
recent Registration Document, the French-language version of which is filed by
TotalEnergies SE with the French securities regulator Autorité des Marchés
Financiers (AMF), and in the Form 20-F filed with the United States Securities
and Exchange Commission (SEC).

(1) www.iea.org
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.iea.org&esheet=53989056&newsitemid=20240514330368&lan=en-US&anchor=www.iea.org&index=6&md5=946430ebe236a088933f22e578a88cef)
: “Vision for Clean Cooking Access for All”, July 2023

TotalEnergies 

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR

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(mailto:ir@totalenergies.com)



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