Local economic development | TotalEnergies.com

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As a major energy player, Total must contribute to the development of our host countries. Beyond our contractual obligations, we ensure that our operations create value and opportunities by supporting employment, training and the local industrial fabric.

A source of energy is an engine of progress and socio-economic development. For this reason, host countries and local communities expect active contributions from energy companies to nurture and drive this progress.

Fully committed to the same goals and aspirations, we have made shared development an integral part of our business model, which translates into a sustainable contribution to the economic and social development of our host regions and closer integration with local communities.

A global and integrated approach to local economic development

Our ambition is to act and be recognized as a sustainable partner in the social and economic development of the communities and territories where we operate. To meet this ambition, we have created a global and integrated approach to local economic development called Value in country. The approach is based on dialogue with our stakeholders and enables us to establish development priorities together and create long-term synergies.

Our local economic development policy revolves around three main axes:

  • Training and hiring of local staff.
  • Purchase of local goods and services.
  • Infrastructure development.

Driven by this ambition, we strengthen the local socio-economic fabric, promote the development of industrial capacities and facilitate the transfer of skills.

Education and training: essential elements of local economic development

Education and training are essential to develop the human capital of our host countries and create shared value.

To encourage local hiring, we have set up job-oriented training programs for both technicians and managers.
At the same time, in order to contribute to the emergence of national talent and the creation of skilled jobs, we offer local and international scholarships to students from host countries.

Encouraging entrepreneurship and SMEs

Contributing to local economic development also means empower the communities around us to shape and manage their development independently and according to their own priorities.

This is why we focus our efforts on the development of the industrial base and SMEs:

  • In France, TotalEnergies Direction France offers support to French entrepreneurs. Between 2019 and 2021, we granted €16 million in interest-free loans to 423 beneficiaries to create or maintain nearly 11,000 jobs.
  • Internationally, we support entrepreneurs in the creation or development of their business plan through coaching and microcredit programs.

Support and animate our local communities

To contribute to the economic development of the territories, TotalEnergies Direction France supports French SMEs in partnership with local socio-economic players by providing them with:

  • Financial assistance for the creation, takeover or development of a business.
  • Support for the conversion of the company’s industrial sites, in particular for subcontractors and new jobs in industry, as part of our commitment to a just transition.
  • Export assistance to enable French SMEs to develop internationally.

Contribute to strengthening local labor markets with a focus on just transition

As a responsible company and as part of our desire to operate a just transition, we anticipate our own industrial transformations and their impacts. When one of our sites needs to be transformed to adapt to the market or to our carbon neutrality strategy, the France TotalEnergies Department supports partner companies to preserve local jobs and supports projects aimed at creating new industrial facilities, thus contributing to strengthen the economic and industrial fabric of the local job market in line with our fair transition policy.

TotalEnergies Direction France works in close collaboration with other local economic players, in particular economic development organizations and chambers of commerce and industry.

We have chosen to anticipate major developments to facilitate the transition of our refining and petrochemicals activities in Europe. Learn more about our innovative community engagement strategy.

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