Fluxys Sustainability Profile
Fluxys, officially known as Fluxys Belgium, is a leading player in the energy infrastructure sector, headquartered in Belgium. Established in 2000, the company has rapidly evolved to become a key operator in the natural gas transmission and storage industry, with significant operations across Belgium and parts of Europe. Specialising in the development and management of gas infrastructure, Fluxys offers unique services such as gas transmission, storage, and LNG (liquefied natural gas) terminal operations. The company is recognised for its commitment to sustainability and innovation, positioning itself as a vital link in the European energy market. With a strong market presence, Fluxys has achieved notable milestones, including the expansion of its pipeline network and the enhancement of its LNG facilities, reinforcing its status as a trusted partner in the transition to a low-carbon energy future.
DitchCarbon Score
How does Fluxys'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 Liquids 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
Fluxys's score of 20 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fluxys's reported carbon emissions
In 2023, Fluxys reported total carbon emissions of approximately 502,593 kg CO2e, comprising 286,912 kg CO2e from Scope 1, 1,652,000 kg CO2e from Scope 2 (market-based), and 215,664 kg CO2e from Scope 3 emissions. This data reflects a comprehensive disclosure of emissions across all three scopes, indicating a commitment to transparency in their environmental impact. Fluxys's emissions have shown fluctuations over the years, with total emissions recorded at approximately 352,690,000 kg CO2e in 2022 and 209,520,000 kg CO2e in 2021. The company has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges, which suggests a potential area for future development in their climate strategy. The emissions data for Fluxys is cascaded from its parent company, Fluxys Belgium SA, which provides a broader context for understanding its environmental performance. The company is actively involved in carbon capture infrastructure, with an investment of about 30,000,000 kg CO2e aimed at reducing its carbon footprint. Overall, while Fluxys has made strides in emissions reporting, the absence of defined reduction targets highlights an opportunity for enhanced climate commitments moving forward.
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| 2017 | 2023 | |
|---|---|---|
| Scope 1 | 234,259 | 000,000.00 |
| Scope 2 | 16,155 | 0,000,000 |
| Scope 3 | - | 000,000.0 |
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Fluxys'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.
Fluxys 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.
