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Electrical Machinery Manufacturing
PT
updated 9 days ago

Galp

Company website

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.

74

Industry Average

Mean score of companies in the Electrical Machinery Manufacturing 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.

30

Industry Benchmark

Galp's score of 74 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

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Galp's reported carbon emissions

In 2024, Galp reported total carbon emissions of approximately 45,870,544,000 kg CO2e, with Scope 1 emissions at about 3,128,177,000 kg CO2e, Scope 2 emissions at approximately 8,820,000 kg CO2e, and Scope 3 emissions reaching about 42,717,945,000 kg CO2e. In 2023, the total emissions were approximately 42,596,960,000 kg CO2e, indicating a slight increase in emissions year-on-year. Galp has set ambitious climate commitments, aiming to reduce its absolute operational emissions (Scopes 1 and 2) by 50% by 2030, compared to 2017 levels. Additionally, the company has pledged to achieve net zero emissions across all scopes by 2050. In the near term, Galp targets a 40% reduction in absolute emissions by 2030, with specific initiatives to lower energy consumption expected to reduce emissions by approximately 43,000 kg CO2e annually once fully implemented. The company is also committed to achieving near-zero upstream methane emissions by 2030, aligning its strategies with broader EU and Portuguese government commitments. These targets reflect Galp's proactive approach to addressing climate change and reducing its carbon footprint in the energy sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20172018201920202021202220232024
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
0,000,000,000
Scope 2
228,035,000
000,000,000
000,000,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
58,565,983,300
-
00,000,000,000
00,000,000,000
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 Electrical machinery and apparatus n.e.c. (31), 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. This request for Galp is in PT, which has a low grid carbon intensity relative to other regions.

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 participating in some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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