Galp Energia, commonly referred to as Galp, is a prominent player in the petroleum refining industry, headquartered in Lisbon, Portugal (PT). Founded in 1999, the company has established itself as a key operator in the energy sector, with significant operations across Europe, Africa, and South America.
Galp's core business areas encompass oil and gas exploration, production, refining, and distribution, alongside renewable energy initiatives. The company is renowned for its commitment to sustainability and innovation, offering a diverse range of products, including fuels, lubricants, and petrochemicals.
With a strong market position, Galp has achieved notable milestones, such as expanding its renewable energy portfolio and enhancing its refining capacity. This strategic focus on both traditional and sustainable energy solutions sets Galp apart in a competitive landscape, reinforcing its reputation as a forward-thinking energy provider.
-1 vs industry average
Galp’s score of 70 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Petroleum Refineries has above-average carbon intensity
Industry performance
The Petroleum Refineries industry has reduced its overall emissions by 63% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Galp's reported carbon emissions
**Galp's Carbon Emissions and Climate Commitments** Portuguese petroleum refiner, Galp, reported approximately 42.9 billion kilograms of CO2e for its most recent reporting year, 2025. This figure represents the sum of its Scope 1, Scope 2, and Scope 3 emissions. Galp is committed to achieving net-zero emissions by 2050. To support this long-term goal, the company has set several near-term targets. These include a commitment to reduce absolute operational emissions (Scope 1 and 2) by 40% by 2030, using a 2017 baseline. Some reports indicate a target to reduce industrial operational emissions (scopes 1 & 2) by 50% by 2030 (vs. 2017). Additionally, Galp aims for near-zero upstream methane emissions by 2030 and has set a goal to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. The company is also committed to ending routine flaring in upstream operations by 2030. Specific projects are underway that are expected to reduce emissions by approximately 43 kilotonnes of CO2e per year once fully implemented.
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Galp’s Climate Goals (2030 & 2050)
8 goals2025
43% reduction in Scope 1
These projects will lower energy consumption and are expected to reduce emissions by c.43 kton CO2e/y once fully implemented.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 8 climate goals
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Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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