National Fuel Gas Company, commonly referred to as National Fuel, is a prominent player in the distribution services of gaseous fuels through mains. Headquartered in the United States, the company primarily operates in the northeastern region, serving customers across New York and Pennsylvania. Founded in 1902, National Fuel has established itself as a reliable provider of natural gas, with a commitment to safety and efficiency.
The company’s core services include the distribution of natural gas to residential, commercial, and industrial customers, alongside its exploration and production operations. National Fuel is recognised for its innovative approach to energy distribution, ensuring a consistent supply while prioritising environmental sustainability. With a strong market position, the company has achieved notable milestones, including advancements in pipeline technology and customer service initiatives, solidifying its reputation as a leader in the gaseous fuel industry.
-2 vs industry average
National Fuel Gas’s score of 15 is lower than 41% 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
National Fuel Gas Company, headquartered in the US and operating in the distribution services of gaseous fuels through mains industry, reported approximately 206.1 million kg CO2e in Scope 1 and 2 emissions for 2023. This comprises about 205.1 million kg CO2e for Scope 1 and approximately 0.95 million kg CO2e for Scope 2. In 2022, National Fuel Gas Company's Scope 1 emissions were approximately 245.0 million kg CO2e, with Scope 2 emissions at about 0.46 million kg CO2e. The previous year, 2021, saw Scope 1 emissions of approximately 266.1 million kg CO2e and Scope 2 emissions of around 0.40 million kg CO2e. For 2020, Scope 1 emissions were reported at approximately 259.6 million kg CO2e, and Scope 2 emissions at about 0.43 million kg CO2e. In 2019, the company reported Scope 1 emissions of approximately 1,966.9 million kg CO2e, with Scope 2 data not being disclosed for that year. National Fuel Gas Company has established a corporate-level greenhouse gas reduction target. The company aims to reduce greenhouse gas emissions by 25% by 2030, using a 2020 baseline year. Furthermore, their Utility segment has achieved a reduction of over 60% in EPA subpart W methane emissions to date. In addition to these emissions targets, National Fuel Gas Company is also committed to reducing waste quantities generated throughout its operations by 40% for Scope 1 by 2030 (from a 2020 baseline) and by 30% for Scope 2 by 2030 (from a 2020 baseline).
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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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