Who would you least expect to be an official sponsor of the International climate talks in Paris this year? A company that is responsible for some of the least efficient coal power plants in the world, and has a record of actively lobbying against renewables? That would be Engie.
Engie, the French energy giant, has a wide range of fossil fuel assets worldwide and is ranked amongst the top global emitters of greenhouse gases, emitting 155 million tonnes of carbon per year in 2013 . In 2015, the company changed its name from GDF Suez to Engie, and submitted a plan to restructure the company to reflect a shift towards a ‘new energy era’.
However, the change of name hasn’t involved any significant change in the company’s energy portfolio. Despite the fact that they recently announced their willingness not to invest in new coal power plants  and to increase their renewable portfolio, it looks like the tree is hiding the forest. Gas and coal are still the company’s main energy sources; renewables account for just 4% of the company’s energy mix (excluding large dams) ; and instead of closing down some coal assets, Engie is planning to sell them  The company boasts ‘energy for a changing world’ – perhaps they mean dirty energy for a changing climate?