2. Accelerate innovation and digitalization While decarbonization technologies exist, we need innovation and digitalization, powered by data, to accelerate and realize the full potential of the decarbonization journey. With a solution-oriented approach connecting data across the entire project life cycle, we are making sustainable changes to the way we operate, broaden opportunities, and support new business models. We will increase our R&D focus on the energy transition and establish technology pathways for our clients to achieve their Net-Zero ambitions. At Technip Energies, our digital and data-enabled solutions will help us drive the journey towards a carbon neutral future.

3. Enhance circularity and protect biodiversity The circular economy model is a systems solution framework that tackles global challenges including climate change, biodiversity loss, waste, and pollution, that we seek to embed at all levels of our business. Our aim is to build a Sustainable-by-Design offering where our solutions and technologies, from concept to operation, integrate social and environmental impacts as key success parameters to ensure a resilient business model. Moving towards a more circular economy by reducing waste, recycling materials and regenerating brownfield sites will enable our industry to reduce pressure on biodiversity and improve the security of the supply of raw materials. The benefits of these actions will increase competitiveness, stimulate innovation, boost economic growth, and ultimately, create long term value for society.

Technip Energies Sustainability Report 2021 . 47