National Fuel Gas Company, commonly referred to as National Fuel, is a prominent player in the energy sector, headquartered in the United States. Founded in 1902, the company has established a strong presence in key operational regions, including New York and Pennsylvania, where it primarily focuses on natural gas distribution and exploration.
With a diverse portfolio that encompasses natural gas production, transportation, and utility services, National Fuel is recognised for its commitment to sustainable energy solutions. The company’s unique approach to integrating advanced technologies in its operations has positioned it as a leader in the industry. Notable achievements include significant expansions in its pipeline infrastructure and a strong emphasis on environmental stewardship, reinforcing its market position as a reliable energy provider.
-2 vs industry average
National Fuel Gas’s score of 15 is lower than 48% 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
Gas Distribution is among the most carbon-intensive industries
Industry performance
The Gas Distribution industry has increased its overall emissions by 156% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
National Fuel Gas's reported carbon emissions
In 2023, National Fuel Gas reported total emissions of approximately 206,068,000 kg CO2e, comprising 205,119,000 kg CO2e from Scope 1 and 949,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. National Fuel Gas has set ambitious climate commitments, aiming for a 25% reduction in greenhouse gas emissions by 2030, using a 2020 baseline. This target encompasses all scopes of emissions and is part of their strategy to mitigate climate-related risks, particularly in response to potential future regulations. Additionally, the Utility segment has achieved a significant reduction of over 60% in EPA subpart W emissions to date. The company is also committed to reducing waste generated throughout its operations, with specific targets of a 40% reduction for Scope 1 emissions and a 30% reduction for Scope 2 emissions by 2030. These initiatives reflect National Fuel Gas's proactive approach to sustainability and climate responsibility.
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National Fuel Gas’s Climate Goals (2030 & 2050)
3 goals2030
40% reduction in Scope 1
Committed to reducing waste quantities generated throughout our operations.
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.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
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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National Fuel Gas
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