What was the process involved in developing the ESG Roadmap?

Christophe Bélorgeot (CB): It was an in-depth process with 3 distinct phases. The first phase was an active engagement of our employees and our external stakeholders, through surveys, interviews and workshops. The second phase involved carrying out a materiality assessment and establishing aspirational and tangible environmental, social and governance action plans. And now the third phase is to communicate our roadmap, embed it in our strategy and our culture, deliver the actions, and of course report on progress.

How is this reflected in the strategy?

Charles Cessot (CC): The strategy of Technip Energies is 100% focused on the energy transition, while maintaining our leadership in engineering and project delivery activities. We are targeting our approach around 4 high-growth markets starting with LNG and low-carbon LNG, where we have a market leadership position; and strongly believe that gas, as a flexible energy, has a role to play to displace oil or coal thanks to its lower carbon emissions. Our next energy transition domains are decarbonization, through carbon capture and hydrogen solutions; sustainable chemistry to increase circularity; and the development of carbon-free energy solutions.

In what way does digitalization support Technip Energies strategy?

CC: Our strategy for digital is based on leveraging data as a foundation to digitalize the entire value chain. There are two aspects to this approach. The first is to be structured as a data company to capitalize on data to make good decisions. The second is to develop a seam of digital services and consultancy solutions. Indeed, digital solutions combined with our project experience over the last 60 years will drive growth in our technology, products and services offering and open new markets.

Did the 2021 events related to climate change influence the ESG Roadmap?

CB: I would say that the recent events, including the COP26, have probably accelerated a change in consciousness among the general public. There has also been an important shift in terms of financing for the industry with support now being concentrated on projects which address ESG concerns. We see our traditional clients exploring low-carbon solutions and investing in renewables. This confirms that we are taking the right approach! We are right to focus on climate and energy transition.

What do you consider to be the key achievements of Technip Energies in 2021? And what are your expectations for 2022?

CB: I would say the successful launch of the company on February 16, 2021 and the implementation of the Technip Energies brand thanks to the huge efforts of our teams. After just one year, our brand is a source of pride for our 15,000 employees and Technip Energies is now recognized by its partners and the market as a leader in the energy transition.

Moreover, the development of the company Purpose, Values and ESG Roadmap all provide substance to the brand, to the way we are positioned, the way we do business, and the reason why we do business.

It encapsulates our DNA and generates a strong sense of belonging in the company. One of the key aspects in 2022 will be to continue deploying our brand and our strategy to strengthen our position as an energy transition leader. Implementation of our ESG Roadmap will be very important.

CC: We have signed many partnerships in 2021 that are aligned with our energy transition strategy. One of the key highlights for me was creating the joint venture with IBM and Under Armour to develop a new recycling framework and circular economy for polyethylene terephthalate (PET), which is commonly used in the manufacture of synthetic fibers. I would never have imagined such collaboration between 3 totally diverse groups, but we share a common goal. I am confident and very happy to have contributed to this venture. 2022 will be about execution and acceleration. The pace is set in our KPIs which will help us go beyond simple maturity of the company. We are fully mobilized to deliver on our ambitions.

The key to reach the Paris climate goals is collaboration, through both public and private actions. It s critical to accelerate, all together! CHRISTOPHE BÉLORGEOT, Senior Vice President Communications

The strategy of Technip Energies is 100% focused on the energy transition, while maintaining our leadership in engineering and project delivery activity. CHARLES CESSOT, Senior Vice President T.EN X Consulting & Products

Technip Energies Sustainability Report 2021 . 17