Public Profile

Naturgy

Naturgy Energy Group, commonly referred to as Naturgy, is a leading multinational company headquartered in Spain (ES) that operates primarily in the energy sector. Founded in 1843, Naturgy has established itself as a key player in the generation, distribution, and marketing of electricity and natural gas, with significant operations across Europe and Latin America. The company is renowned for its commitment to sustainability and innovation, offering a diverse range of services that include renewable energy solutions and efficient gas distribution. Naturgy's focus on clean energy and customer-centric services has positioned it as a market leader, achieving notable milestones in reducing carbon emissions and enhancing energy efficiency. With a strong emphasis on technological advancement, Naturgy continues to shape the future of energy, making it a pivotal force in the global energy landscape.

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.

9

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.

16

Industry Benchmark

Naturgy's score of 9 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

33%

Naturgy's reported carbon emissions

In 2023, Naturgy reported total carbon emissions of approximately 7,838,910,850 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for the entirety of this total. Scope 1 emissions were about 41,690,280 kg CO2e, while Scope 2 emissions were approximately 499,630 kg CO2e. Looking ahead, Naturgy's emissions for 2024 are projected to be significantly higher, with Scope 1 emissions estimated at 11,500,000,000 kg CO2e, Scope 2 at 500,000,000 kg CO2e, and Scope 3 emissions reaching approximately 107,500,000,000 kg CO2e. Despite the lack of specific reduction targets or climate pledges disclosed, Naturgy operates within an industry context that increasingly prioritises sustainability and carbon neutrality. The company is expected to align with global climate commitments, although specific initiatives or targets have not been detailed.

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2024
Scope 1
11,500,000,000
Scope 2
500,000,000
Scope 3
107,500,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Naturgy's primary industry is Natural Gas Liquids, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Naturgy is headquartered in ES, which has a rank of low, indicating low grid carbon 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 committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers