Galp

Galp's emissions for 2025 totalled approximately 42.9 billion kg CO2e. This includes Scope 1 emissions of about 2.65 billion kg CO2e, Scope 2 emissions of approximately 30.9 million kg CO2e (location-based), and Scope 3 emissions of about 40.24 billion kg CO2e. For 2024, the total emissions were approximately 46.27 billion kg CO2e, with Scope 1 at about 3.13 billion kg CO2e, Scope 2 at approximately 24.42 million kg CO2e (location-based), and Scope 3 at about 43.13 billion kg CO2e.

Galp is committed to becoming a net-zero emissions company by 2050. They have set interim targets, aiming to reduce absolute operational emissions (Scopes 1 and 2) by 40% by 2030 compared to a 2017 baseline. Additionally, they aim for near-zero upstream methane emissions by 2030 and have committed to ending routine flaring in upstream operations. Another target is to reduce Scope 1 and 2 emissions by 50% by 2030, also against a 2017 baseline, with some reports indicating a 30% reduction in Scope 1 and 2 emissions from a 2020 baseline by 2030. Galp also previously aimed to reduce its Scope 1 and 2 emissions to near zero by 2025 in Portugal by sourcing 100% renewable electricity.