Naturgy
Naturgy Energy Group, commonly referred to as Naturgy, is a leading multinational company headquartered in Spain. Established in 1843, Naturgy operates primarily in the energy sector, focusing on the generation, distribution, and marketing of electricity and natural gas. With a strong presence in Spain and Latin America, the company has achieved significant milestones, including the transition to renewable energy sources and the expansion of its infrastructure. Naturgy's core offerings include electricity generation from renewable and conventional sources, natural gas distribution, and energy efficiency solutions. What sets Naturgy apart is its commitment to sustainability and innovation, positioning itself as a key player in the energy transition. Recognised for its efforts in reducing carbon emissions, Naturgy continues to strengthen its market position, making strides towards a greener future while serving millions of customers worldwide.
DitchCarbon Score
How does Naturgy'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.
Industry Average
Mean score of companies in the Natural Gas Liquids 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.
Industry Benchmark
Naturgy's score of 24 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Naturgy's reported carbon emissions
In 2023, Naturgy reported total carbon emissions of approximately 496,153,314 kg CO2e, with emissions distributed across various scopes: 12,491.4 kg CO2e (Scope 1), 1,856,115.34 kg CO2e (Scope 2), and 101,764.8 kg CO2e (Scope 3). The company has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Historically, Naturgy's emissions have fluctuated, with significant figures recorded in previous years. For instance, in 2022, total emissions were about 600,812,077 kg CO2e, comprising 14,741,483 kg CO2e (Scope 1), 1,897,648.57 kg CO2e (Scope 2), and 110,079,558 kg CO2e (Scope 3). The company has not set formal reduction targets, indicating a potential area for improvement in its climate strategy. Naturgy's commitment to addressing climate change is evident, but the lack of specific reduction targets may limit its effectiveness in achieving long-term sustainability goals. The company operates within a challenging industry context, where energy production and consumption are significant contributors to global emissions.
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Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 20,800,000,000 | 00,000,000,000 | 00,000 | 00,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000.0 |
| Scope 2 | 600,000,000 | 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 | 000,000,000 | - | 0,000,000.00 |
| Scope 3 | 95,104,000,000 | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000.0 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Naturgy is not committed to any 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.
