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.
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.
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.
Galp's score of 45 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 data highlights the significant impact of their operations, particularly in Scope 3, which includes emissions from the use of sold products. Galp has made commitments to address its carbon footprint, although specific reduction targets have not been disclosed. The company is actively engaged in initiatives to enhance sustainability and reduce emissions, aligning with industry standards for climate action. However, as of now, there are no specific targets set under the Science Based Targets initiative (SBTi) or other formal reduction initiatives. Overall, Galp's emissions data underscores the importance of ongoing efforts to mitigate climate impact, particularly in the context of their extensive Scope 3 emissions. The company continues to explore avenues for improvement in its sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
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 | 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 |
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.