Naturgy
Naturgy Energy Group, commonly referred to as Naturgy, is a leading multinational company headquartered in Spain (ES) that operates primarily in the energy sector. Founded in 1843, Naturgy has established itself as a key player in the generation, distribution, and marketing of electricity and natural gas, with significant operations across Europe and Latin America. The company is renowned for its commitment to sustainability and innovation, offering a diverse range of services that include renewable energy solutions and efficient gas distribution. Naturgy's focus on clean energy and customer-centric services has positioned it as a market leader, achieving notable milestones in reducing carbon emissions and enhancing energy efficiency. With a strong emphasis on technological advancement, Naturgy continues to shape the future of energy, making it a pivotal force in the global energy landscape.
DitchCarbon Score
How does Naturgy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Natural Gas Liquids industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Naturgy's score of 30 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Naturgy's reported carbon emissions
In 2023, Naturgy reported total carbon emissions of approximately 7,838,910,850 kg CO2e, with Scope 1 emissions at about 41,690,280 kg CO2e and Scope 2 emissions at approximately 499,630 kg CO2e. Notably, the majority of their emissions fall under Scope 3, which accounted for the entire total emissions figure. Looking ahead, Naturgy has set ambitious reduction targets, aiming for a 50% reduction in Scope 1 and 2 emissions by 2025, compared to a 2017 baseline. Furthermore, they are committed to achieving a 58% reduction in these emissions by 2030, relative to 2012 levels. These targets reflect Naturgy's dedication to addressing climate change and reducing their overall carbon footprint.
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| 2024 | |
|---|---|
| Scope 1 | 11,500,000,000 |
| Scope 2 | 500,000,000 |
| Scope 3 | 107,500,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Naturgy is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
