CNG, or CNG Holdings, Inc., is a prominent player in the energy sector, headquartered in the United States. Founded in 1999, the company has established itself as a leader in the compressed natural gas (CNG) industry, focusing on the development and distribution of CNG solutions across various operational regions, including the Midwest and Northeast. CNG offers a range of services, including CNG refuelling stations and fleet management solutions, distinguished by their commitment to sustainability and innovation. The company has achieved significant milestones, such as expanding its network of refuelling stations and enhancing the efficiency of natural gas utilisation. With a strong market position, CNG is recognised for its contributions to cleaner energy alternatives, making it a key player in the transition towards more sustainable fuel sources.
How does CNG'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 Business Services 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.
CNG's score of 3 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, CNG reported significant climate initiatives, although specific carbon emissions data was not disclosed. The organisation is actively involved in projects that contribute to carbon savings, such as biogas installations in Africa, which save approximately 7,800 kg CO2e per installation, and solar cookstoves that save about 1,770 kg CO2e each. Despite the absence of detailed emissions figures, CNG has not outlined any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. This indicates a potential area for growth in their climate strategy. CNG's focus on renewable energy solutions reflects a commitment to reducing carbon footprints, although further transparency regarding their overall emissions and specific reduction goals would enhance their climate accountability.
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.
CNG is not committed to any reduction initiatives 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.