Energy Transfer LP, headquartered in the United States, is a leading player in the energy sector, primarily focusing on the transportation and storage of natural gas, crude oil, and NGLs (natural gas liquids). Founded in 1996, the company has expanded its operations across key regions, including the Permian Basin and the Marcellus Shale, establishing a robust infrastructure network. With a diverse portfolio of services, Energy Transfer offers unique solutions in pipeline transportation, terminal operations, and processing facilities. The company is recognised for its commitment to safety and environmental stewardship, positioning itself as a trusted partner in the energy landscape. Notable achievements include significant expansions and strategic acquisitions that have solidified its market position as one of the largest midstream energy companies in North America.
How does Energy Transfer LP'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 Natural Gas Extraction 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.
Energy Transfer LP's score of 11 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Energy Transfer LP reported no specific carbon emissions data, indicating a lack of disclosed Scope 1, Scope 2, and Scope 3 emissions figures. The company, headquartered in the US, has established an Emission Reduction Task Force aimed at enhancing emission data collection and reporting, as well as exploring new technologies to mitigate emissions. Energy Transfer has set ambitious targets to reduce its carbon footprint, specifically aiming for a 30% reduction in Scope 1 emissions from a 2021 baseline by 2030. Similarly, the company has committed to a 30% reduction in Scope 2 emissions by the same year. These initiatives are part of their near-term climate commitments, which are expected to be implemented between 2023 and 2025. While the absence of specific emissions data may limit the assessment of their current impact, Energy Transfer's proactive approach to emission reduction and commitment to transparency reflects a growing trend within the industry to address climate change and enhance sustainability practices.
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.
Energy Transfer LP is not participating in any 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.