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 46 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 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 reflects a continued commitment to reducing greenhouse gas emissions across all scopes. For the previous year, 2023, Naturgy's global emissions were approximately 114587144000 kg CO2e, with Scope 1 emissions at about 12463378000 kg CO2e, Scope 2 at 397497000 kg CO2e, and Scope 3 emissions reaching approximately 101726269000 kg CO2e. In Brazil, the company reported total emissions of about 7838910850 kg CO2e, with Scope 1 at 41690280 kg CO2e and Scope 2 at 499630 kg CO2e. Naturgy has set ambitious reduction targets, aiming to cut Scope 1 and 2 emissions by 50% by 2025 compared to a 2017 baseline. Additionally, they plan to achieve a 58% reduction in these emissions by 2030, relative to 2012 levels. Notably, from 2017 to 2023, the company has already achieved a 52% reduction in emissions, surpassing their initial goal of 24% by 2025. These commitments are part of Naturgy's broader strategy to enhance sustainability and address climate change, aligning with industry standards and expectations for corporate responsibility.
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| 2013 | 2014 | 2015 | 2016 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 20,800,000,000 | 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 | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 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 |
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.
