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 60% 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 2024, Naturgy reported significant carbon emissions, totalling approximately 11,500,000,000 kg CO2e for Scope 1, 500,000,000 kg CO2e for Scope 2, and a substantial 107,500,000,000 kg CO2e for Scope 3 emissions. This data highlights the company's extensive carbon footprint across all scopes of emissions. Naturgy has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 50% by 2025, compared to a 2017 baseline. Furthermore, the company has established a long-term target to achieve a 58% reduction in these emissions by 2030, relative to 2012 levels. Notably, from 2017 to 2023, Naturgy successfully reduced its emissions by 52%, surpassing its interim goal of a 24% reduction by 2025. These initiatives reflect Naturgy's commitment to addressing climate change and reducing its environmental impact, aligning with industry standards for sustainability and carbon management.
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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.
