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 69 is higher than 98% 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 42,570,954,000 kg CO2e, comprising Scope 1 emissions of about 3,013,837,000 kg CO2e, Scope 2 emissions of approximately 9,848,000 kg CO2e, and Scope 3 emissions of around 39,547,268,000 kg CO2e. The company has set ambitious climate commitments, aiming for near-zero upstream methane emissions by 2030 as part of its participation in the OGCI Methane Reduction Initiative and the Oil and Gas Methane Partnership (OGMP) 2.0. Additionally, Galp plans to implement projects that are expected to reduce emissions by approximately 43,000 kg CO2e per year for both Scope 1 and Scope 2 emissions, starting from 2024 through 2025. This commitment reflects Galp's dedication to improving measurement and reporting of emissions and reducing energy consumption across its operations. Overall, Galp's climate strategy aligns with industry standards, focusing on significant reductions in carbon emissions while enhancing sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
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 | 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 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.