In a bid to invest more in renewable energy, France oil giant Total has been renamed TotalEnergies. The Board of Directors has given the approval for the company’s name to be changed.
This was disclosed by the President/Director-General of the company, Patrick Pouyannes via a video shared on its site on Monday.
Pouyannes 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.”
Total is said to be supporting 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.
It would be recalled that 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.