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 68% 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 total carbon emissions of approximately 94,500,000 kg CO2e. The company has not disclosed specific data regarding Scope 1, 2, or 3 emissions, but it has set ambitious climate commitments aimed at significantly reducing its carbon footprint. Energy Transfer aims to reduce its Scope 1 and 2 emissions to near zero by 2025, with a focus on enhancing emission data collection and exploring new technologies through an Emission Reduction Task Force established in 2022. Additionally, the company has set a target to reduce its Scope 1 emissions by 30% and Scope 2 emissions by 30% from a 2021 baseline by 2030. These initiatives reflect Energy Transfer's commitment to addressing climate change and improving sustainability practices 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.
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.
