Sustainable Development in the Russian Arctic: TotalEnergies Commits to the Protection of Biodiversity in the Arctic LNG 2 Project
September 30 2021 - 1:36AM
Business Wire
Regulatory News:
In line with its guiding principle
of transparency in sustainable development and in engaging with
civil society, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) is
publishing on its website the Environmental, Safety and Health
Impact Assessment (ESHIA) and the biodiversity implementation
strategy of the Arctic LNG 2 project, in which the Company holds a
direct and indirect1 21.64% stake.
Based on the ESHIA and in accordance with the most stringent
international performance standards, Arctic LNG 2 has defined a set
of actions that will be implemented to minimize the environmental
and social footprint, and to deliver a positive impact on
biodiversity and the surrounding communities. These measures will
be monitored by third-party organizations, including all of the
international credit agencies that will be contributing to the
project and have engaged in a demanding dialogue with the project
team to reinforce its commitments on the basis of IFC
(International Finance Corporation) Performance Standard 6.
The biodiversity protection strategy of the project will be
based on the following plans and programs:
- the Biodiversity Conservation Management Program (BCMP)
in accordance with the recommendations of the Ministry of Natural
Resources and Environment of the Russian Federation;
- the Biodiversity Management Plan (BMP) setting
out the commitments and measures identified in the ESHIA in order
to avoid, minimize and, if necessary, compensate the impacts on
biodiversity and ecosystems;
- the Biodiversity Action Plan (BAP) setting out
the specific commitments and actions taken by the project in
accordance with IFC Performance Standard 6 requirements for No Net
Loss in Natural Habitats and a Net Gain in Critical Habitats;
- theBiodiversity Monitoring and Evaluation Program
(BMEP)to measure the outcomes of the biodiversity plans
implemented.
These plans and programs will be published by TotalEnergies as
they are approved.
“As a major player in the energy transition, TotalEnergies puts
sustainable development in all its dimensions at the heart of its
projects and operations to contribute to the well-being of people.
This is why we have pledged to contribute to the United Nations
Sustainable Development Goals (SDGs), including those related to
the conservation of biodiversity”, said Patrick Pouyanné,
Chairman and CEO of TotalEnergies. “The development of the LNG
projects in which we are participating in Northern Russia generates
legitimately high expectations in terms of protection of the
environment and biodiversity. We take these expectations seriously
and responsibly. With our partners, we are mobilizing significant
resources to ensure that these projects are implemented and
operated in an exemplary manner. Our commitment to our stakeholders
is to answer their questions transparently and to share studies and
documentation with them.”
About Arctic LNG 2
The Arctic LNG 2 project is currently under construction and
comprises three liquefied natural gas (LNG) trains of 6.6 million
tons per annum (Mtpa) nominal capacity each. To reduce
environmental footprint the trains will be installed on Gravity
Based Structures (GBS) which will be anchored on the banks of the
Ob river, on the Gydan peninsula.
TotalEnergies holds a 10% direct interest in the project,
alongside Novatek (60%), in which TotalEnergies has a 19.4% stake,
CNOOC (10%), CNPC (10%) and a Mitsui-Jogmec consortium (10%).
The first train shall start delivery of LNG to international
markets in 2023. This LNG will, in particular, meet the growing
energy needs of Asian countries where it will replace coal in power
generation, hence contributing to the reduction of greenhouse gas
emissions.
About TotalEnergies’ Biodiversity Ambition
As a major player in the energy transition, TotalEnergies puts
sustainable development in all its dimensions at the heart of its
projects and operations to contribute to the well-being of people.
The Company has pledged to contribute to the United Nations
Sustainable Development Goals (SDGs), including those related to
the conservation of biodiversity.
Aware of the challenges related to environmental management and
the use of the planet’s natural resources, TotalEnergies strives to
manage the environmental effects of all its projects and operations
according to the Mitigation Hierarchy principle of avoidance,
minimization, restoration and offsetting.
On the occasion of the preparation of the United Nations Plan
for Biodiversity, TotalEnergies reasserts its commitments to
protect biodiversity:
- Respecting its voluntary exclusion zones;
- Managing biodiversity in its new projects;
- Managing biodiversity at its existing sites;
- Promoting biodiversity.
> Read more about it
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About TotalEnergies TotalEnergies is a broad energy
company that produces and markets energies on a global scale: oil
and biofuels, natural gas and green gases, renewables and
electricity. Our 105,000 employees are committed to energy that is
ever more affordable, clean, reliable and accessible to as many
people as possible. Active in more than 130 countries,
TotalEnergies puts sustainable development in all its dimensions at
the heart of its projects and operations to contribute to the
well-being of people.
Cautionary Note This press release, from which no legal
consequences may be drawn, is for information purposes only. The
entities in which TotalEnergies SE directly or indirectly owns
investments are separate legal entities. TotalEnergies SE has no
liability for their acts or omissions. In this document, the terms
“TotalEnergies”, “TotalEnergies “Company” and “Company” are
sometimes used for convenience. Likewise, the words “we”, “us” and
“our” may also be used to refer to subsidiaries in general or to
those who work for them. This document may contain forward-looking
information and statements that are based on a number of economic
data and assumptions made in a given economic, competitive and
regulatory environment. They may prove to be inaccurate in the
future and are subject to a number of risk factors. Neither
TotalEnergies SE nor any of its subsidiaries assumes any obligation
to update publicly any forward-looking information or statement,
objectives or trends contained in this document whether as a result
of new information, future events or otherwise.
1 Through its 19.4% stake in Novatek, which owns 60% of the
Arctic LNG2 project
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