BG Group, officially known as BG Group plc, is a prominent player in the global energy sector, headquartered in Great Britain. Founded in 1997, the company has established itself as a leader in natural gas exploration and production, with significant operations across regions including Australia, Brazil, and the North Sea. Specialising in liquefied natural gas (LNG) and conventional gas, BG Group is recognised for its innovative approaches to energy solutions, particularly in the development of sustainable practices. The company has achieved notable milestones, including pioneering projects that enhance energy efficiency and reduce environmental impact. With a strong market position, BG Group has garnered accolades for its commitment to safety and operational excellence, making it a trusted name in the energy industry. Its unique offerings and strategic focus on gas have solidified its reputation as a forward-thinking energy provider.
How does BG Group'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.
Mean score of companies in the Gas/Diesel Oil 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.
BG Group's score of 18 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, BG Group's carbon emissions for the year 2014 totalled approximately 112,000,000,000 kg CO2e, comprising 7,590,000,000 kg CO2e from Scope 1, 260,000,000 kg CO2e from Scope 2, and a significant 104,773,000,000 kg CO2e from Scope 3 emissions. This data is cascaded from the parent company, BG Group Limited, and reflects the company's operational footprint in the global market. BG Group has set ambitious reduction targets aimed at decreasing greenhouse gas emissions intensity. Specifically, the company aims for an 8% reduction in GHG emissions per barrel of oil equivalent produced for exploration and production activities by 2017, based on 2012 levels. Additionally, a 15% reduction in GHG emissions per barrel from their LNG business is targeted for the same timeframe. Overall, BG Group is committed to achieving a 10% reduction in GHG emissions intensity per barrel at the group level by 2017. Furthermore, BG Group has also committed to reducing Group-wide operated sulphur dioxide (SO2) emissions by 35% from 2012 levels by the end of 2015 through process improvements, particularly in Tunisia. These initiatives reflect BG Group's commitment to addressing climate change and reducing its environmental impact within the energy sector.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
BG Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.