Naturgy Energy Group, commonly referred to as Naturgy, is a leading player in the natural gas liquids industry, headquartered in Spain. Established in 1991, the company has grown significantly, with a strong presence in various operational regions, including Spain and Latin America. Naturgy focuses on the distribution and marketing of natural gas, electricity, and renewable energy solutions, positioning itself as a key contributor to the energy transition.
With a commitment to sustainability, Naturgy offers unique services that encompass the entire energy value chain, from production to distribution. The company has achieved notable milestones, including significant investments in renewable energy projects, reinforcing its market position as a forward-thinking energy provider. Naturgy's dedication to innovation and customer-centric solutions sets it apart in the competitive landscape of the energy sector.
+48 vs industry average
Naturgy’s score of 64 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Natural Gas Liquids is among the most carbon-intensive industries
Industry performance
The Natural Gas Liquids industry has reduced its overall emissions by 98% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Naturgy's reported carbon emissions
Naturgy reported total global greenhouse gas emissions of approximately 107.3 billion kg CO2e in 2025. This comprised approximately 13.1 billion kg CO2e of Scope 1 emissions and approximately 200 million kg CO2e of Scope 2 emissions. Scope 3 emissions were significantly higher, totalling approximately 94 billion kg CO2e. For 2024, Naturgy's global emissions were approximately 119.5 billion kg CO2e, with Scope 1 emissions at approximately 11.5 billion kg CO2e and Scope 2 emissions at approximately 500 million kg CO2e. Scope 3 emissions were approximately 107.5 billion kg CO2e. In 2023, the company's total emissions reached approximately 114.6 billion kg CO2e, with Scope 1 emissions at approximately 12.46 billion kg CO2e and Scope 2 emissions at approximately 397 million kg CO2e. Scope 3 emissions were approximately 101.7 billion kg CO2e. Naturgy has set several climate commitments, including a near-term target to reduce GHG Scope 1 and 2 emissions by 48% by 2025, using 2017 as a base year. They also aim to reduce GHG Scope 3 emissions by 20% by 2025 against the same base year. Furthermore, the company is committed to achieving climate neutrality, meaning zero net GHG emissions across all scopes, by 2050. Naturgy also aims to reduce the GHG emissions intensity of electricity generation by 56% by 2025, compared to the 2017 baseline. In addition, there are targets to reduce Scope 1 and Scope 2 emissions to near zero by the middle of this decade. The company's emissions data is not cascaded from a parent organisation.
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Naturgy’s Climate Goals (2030 & 2050)
10 goals2030
36% reduction in all scopes
Reduce the Group's Scope 1 and Scope 2 emissions to 9.70 MtCO2eq in 2030, a 36% reduction compared to the 2022 base year and a 56% reduction…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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