TotalEnergies - 1792 Exchange

Rating Overview

TotalEnergies is Lower Risk.

TotalEnergies SE, does not yield to political activism in shaping corporate governance, preventing initiatives that potentially alienate consumers, divide employees, and harm shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. TotalEnergies does not embrace corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach protects free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria	Risk Level
Cancellations	Lower Risk
Discriminatory Philanthropy	Lower Risk
Employment Protection	Medium Risk

Corporate Weaponization ⓘ

Corporate Governance and Public Policy Risk Levels
Criteria	Risk Level
Advocacy Bias	High Risk
Funding	Medium Risk
Political Actions	No Data

Corporate Governance and Public Policy ⓘ

Rating Criteria Detail

Criteria Risk Level Rationale

Corporate Weaponization

Criteria:

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level:

Lower

Rationale:

TotalEnergies has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1).

Criteria:

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level:

Lower

Rationale:

TotalEnergies does not discriminate against charitable organizations based on views or beliefs (1). TotalEnergies focuses its charitable giving on causes supporting children and young adults (2).

Criteria:

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level:

Medium

Rationale:

TotalEnergies does not publish a nondiscrimination policy (1).

Corporate Governance and Public Policy

Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

High

Rationale:

TotalEnergies supports the objectives of the Paris Agreement, including its own corporate goal to reach net-zero carbon emissions by 2050, reducing scope 3 emissions, and advocacy related to climate change initiatives (1)(2). The company also advocates for LGBT+ inclusion amongst its employees (3). TotalEnergies published a “Guide to Dealing with Religious Questions” based on its activities in 130 countries worldwide that encourages respect for diverse beliefs (4). TotalEnergies Chief Executive Patrick Pouyanné stated that Republicans winning the 2024 US Election could have a negative impact on the global energy sector (5).

Criteria:

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Medium

Rationale:

TotalEnergies is a corporate partner of Ashoka, a global network of entrepreneurs focused on widespread, systemic social and environmental change (1). Otherwise, there are no publicly known cases of the company using corporate funds to advance ideological causes, organizations, or policies (2).

Criteria:

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level:

N/A

Rationale:

TotalEnergies does not operate a PAC at this time and has not reported on its lobbying (1)(2)(3).