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 47 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Naturgy's reported carbon emissions
In 2024, Naturgy reported significant carbon emissions, totalling approximately 11,482,448,000 kg CO2e for Scope 1, 453,649,000 kg CO2e for Scope 2, and a staggering 107,461,382,000 kg CO2e for Scope 3 emissions globally. In Spain, the emissions were approximately 4,774,921,000 kg CO2e (Scope 1), 48,684,000 kg CO2e (Scope 2), and 33,065,868,000 kg CO2e (Scope 3). Naturgy has set ambitious climate commitments, aiming to achieve a 59% reduction in the greenhouse gas emissions intensity of electricity generation by 2030 compared to 2012 levels. Additionally, the company targets a 56% reduction in emissions intensity by 2025, using 2017 as the base year. For Scope 1 and 2 emissions, Naturgy aims for a 48% reduction by 2025, also relative to 2017 levels. Long-term, Naturgy is committed to achieving net-zero greenhouse gas emissions across all scopes by 2050, encompassing all activities and geographies. This commitment aligns with the Science Based Targets Initiative (SBTi) and reflects the company's dedication to addressing climate change effectively. Naturgy's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. The company continues to enhance its sustainability efforts, focusing on reducing its carbon footprint while maintaining operational efficiency.
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| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 6,665,803.25 | 0,000,000.0 | - | - | 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 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 3,497,933.81 | 0,000,000.00 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 |
| Scope 3 | 11,624,591.18 | 00,000,000.00 | - | - | - | - | 00,000,000,000 | 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 |
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 participating in any 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.
