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.
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 64 is higher than 100% 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 total carbon emissions of approximately 11500000000 kg CO2e for Scope 1, 500000000 kg CO2e for Scope 2, and a significant 107500000000 kg CO2e for Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, covering all relevant scopes. For the year 2023, Naturgy's emissions in Spain included about 5815317000 kg CO2e for Scope 1, 9163000 kg CO2e for Scope 2, and 31463956000 kg CO2e for Scope 3. This indicates a substantial carbon footprint, particularly in Scope 3, which often encompasses indirect emissions from the supply chain and product use. Naturgy has set ambitious targets to reduce its greenhouse gas emissions. The company aims to achieve a 50% reduction in Scope 1 and 2 emissions by 2025 compared to a 2017 baseline. Additionally, they are targeting a 49% reduction in the GHG emissions intensity of electricity generation by 2025, also relative to 2017 levels. Furthermore, Naturgy plans to reduce its Scope 1 emissions to near zero by the mid-2020s, demonstrating a strong commitment to climate action. The company has also reported a 52% reduction in emissions from 2017 to 2023, surpassing its initial target of 24% for the same period. This achievement highlights Naturgy's proactive stance in addressing climate change and its alignment with global sustainability goals. Naturgy's emissions data and reduction initiatives are part of a broader commitment to environmental responsibility, reflecting its dedication to reducing its carbon footprint and contributing to a sustainable future.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 23,177,000 | - | - | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 371,000 | - | - | - | - | - | - | - | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 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 participating in some 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.
