TotalEnergies SE — Ethics Grade D+
TotalEnergies SE receives an overall ethics grade of D+ (34/100) on CancelCo's corporate accountability database. Sector: Energy. Market cap: Large Cap.
Category scores
- labor: 40
- privacy: 70
- consumer: 45
- environment: 25
- humanRights: 20
Documented incidents (3)
- EACOP Pipeline Controversy (high, 2023) — The East African Crude Oil Pipeline 프로젝트 has been condemned for displacing thousands and threatening sensitive ecosystems in Uganda and Tanzania. Environmentalists warn of immense carbon emissions over the project life.
- Myanmar Gas Field Allegations (high, 2022) — TotalEnergies was accused of indirectly funding the Myanmar military junta through gas field revenues. The company eventually withdrew from the country following intense international pressure.
- French Energy Market Fine (medium, 2021) — Fined by French regulators for abusing its dominant market position and obstructing competition in the electricity retail sector. The tactics hindered the growth of smaller green energy competitors.
Documented good deeds
- Offshore Wind Expansion — The company invested billions into developing large-scale offshore wind farms in the UK and US as part of its diversification strategy.
Ethical alternatives
- Ørsted — A global leader in renewable energy that successfully transitioned from fossil fuels.