Technip Energies Hires Deloitte Veteran as Chief Strategy and Sustainability Officer: 4 Things to Know

Technip Energies has hired Deloitte veteran Benjamin Lechuga as chief strategy & sustainability officer, and a member of the group executive committee.

Here are four things to know about Lechuga's expertise and experience, and Technip's business and the company's sustainability strategy.

1. Business Scope and Scale: Technip Energies, founded in 2021 after splitting from TechnipFMC, is based in Paris, France. The original Technip SA was established in 1958.

Technip Energies has 16,000 employees across 34 countries. The company positions itself as an engineering and technology company for the energy transition. Key focus areas include LNG (liquified natural gas), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management, the company says. Technip revenue was €3.2 billion in the first half of 2024, up 11% compared to the corresponding period in 2023.

2. Sustainability Strategy and Goals: Technip is striving to achieve the following goals, according to the company's 2023 Sustainability Report:

• Reduce Scope 1 and Scope 2 emissions by 30% by 2025 compared to 2021.
• Achieve Scope 1 and Scope 2 net zero by 2030.
• Achieve Scope 1, 2 and 3 net zero by 2050.
• Reuse water 50% of the time by 2050.
• Recycle 85% of waste by 2025.

3. Executive Focus and Experience: Lechuga will oversee strategy, M&A and sustainability agendas for the company. He brings over 25 years of international experience in M&A, corporate management, consulting, and private equity, having held senior roles up to board level, Technip said.

Lechuga previously was a director of Deloitte Switzerland, where he was part of the financial advisory business. In that role, he developed strategy, performance improvement and M&A advisory activities in the energy, infrastructure and industrial sectors, Technip said. Earlier, he held management roles in Paris for Société Générale AM/ 4D Global Energy Capital, a private equity fund. He also held key roles for Shell in the UK in the Gas and Power division.

4. Executive Perspectives: In a prepared statment, Technip CEO Arnaud Pieton said: “We are pleased to welcome Benjamin Lechuga to Technip Energies, as a member of the Executive Committee. His vast experience in corporate development and M&A, along with his strategic vision will be valuable assets as we continue to drive our sustainability and growth initiatives forward."

Chief Sustainability Officers: Why Technology Partners Should Care

By 2027, 25% of Global 2000 companies will have assigned a chief sustainability officer (CSO) responsible for meeting their organization’s ESG goals and making ESG-related IT purchasing decisions, according to IDC.

The bottom line: Technology partners need to extend their sales, marketing, engagement and support strategies to successfully fulfill those CSO customer needs, Sustainable Tech Partner believes.