Energy Transfer LP Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Energy Transfer LP's score of 11 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Energy Transfer LP's reported carbon emissions
In 2022, Energy Transfer LP reported total carbon emissions of approximately 94.5 million kg CO2e. The company has not disclosed specific figures for Scope 1, Scope 2, or Scope 3 emissions, as the calculated totals for these scopes are not available. However, it is noted that the company aims to significantly reduce its emissions in the near term. Energy Transfer has set ambitious climate commitments, targeting a near-zero reduction of its Scope 1 and Scope 2 emissions by 2025. Additionally, the company plans to achieve a 30% reduction in Scope 1 emissions from a 2021 baseline by 2030, with a similar target for Scope 2 emissions. In 2022, they established an Emission Reduction Task Force to enhance data collection and explore new technologies aimed at reducing emissions. These initiatives reflect Energy Transfer's commitment to addressing climate change and improving its environmental impact, aligning with industry standards for sustainability and emissions reduction.
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How Carbon Intensive is Energy Transfer LP's Industry?
How Carbon Intensive is Energy Transfer LP's Location?
Energy Transfer LP's Climate Goals (2030 & 2050)
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.
Energy Transfer LP 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.
