Public Profile

Galp

Galp Energia, commonly known as Galp, is a prominent energy company headquartered in Lisbon, Portugal (PT). Founded in 1999, Galp has established itself as a key player in the oil and gas industry, with significant operations across Europe, Africa, and South America. The company focuses on exploration, production, refining, and distribution of oil and natural gas, alongside a growing commitment to renewable energy solutions. Galp's core offerings include petroleum products, natural gas, and electricity, distinguished by their emphasis on sustainability and innovation. Notably, Galp has made strides in reducing its carbon footprint, positioning itself as a leader in the transition to cleaner energy. With a robust market presence and a commitment to responsible energy practices, Galp continues to achieve significant milestones in the evolving energy landscape.

DitchCarbon Score

How does Galp'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.

27

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Galp's score of 27 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

81%

Galp's reported carbon emissions

In 2023, Galp reported total carbon emissions of approximately 30,000,000 kg CO2e from Scope 1, 10,000,000 kg CO2e from Scope 2, and 42,100,000,000 kg CO2e from Scope 3 emissions. This reflects their ongoing commitment to addressing climate change, although specific reduction targets or initiatives have not been disclosed. In 2022, Galp's emissions included about 3,406,000,000 kg CO2e from Scope 1, 9,000,000 kg CO2e from Scope 2, and approximately 42,600,000,000 kg CO2e from Scope 3. The company has not set formal reduction targets under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Galp's emissions profile highlights the significant impact of Scope 3 emissions, primarily from the use of sold products, which constitutes the majority of their carbon footprint. The company continues to operate within the global energy sector, where addressing carbon emissions is critical for sustainability and compliance with international climate agreements.

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Add to project
2017201820192020202120222023
Scope 1
3,978,216,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
228,035,000
000,000,000
000,000,000
00,000,000
0,000,000
0,000,000
00,000,000
Scope 3
175,697,949,900
00,000,000,000
000,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Galp's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Galp is headquartered in PT, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

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.

Galp is committed to some 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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