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 59 is higher than 91% 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 118,943,830,000 kg CO2e, with Scope 1 emissions accounting for about 11,482,448,000 kg CO2e, Scope 2 emissions at approximately 500,000,000 kg CO2e, and Scope 3 emissions reaching about 107,500,000,000 kg CO2e. The company has set ambitious targets to reduce its greenhouse gas (GHG) emissions, aiming for a 50% reduction in Scope 1 and 2 emissions by 2025 compared to a 2017 baseline. Additionally, Naturgy plans to decrease the GHG emissions intensity of electricity generation by 49% by 2025, relative to the same base year. In 2023, the company reported emissions across various regions, including Spain, where Scope 1 emissions were approximately 5,815,317,000 kg CO2e, and Scope 3 emissions were about 31,463,956,000 kg CO2e. The overall commitment to sustainability is reflected in their goal to achieve near-zero emissions for both Scope 1 and Scope 2 by the mid-2020s. Naturgy's climate initiatives are supported by data from its parent company, Naturgy Energy Group, S.A., ensuring a cohesive approach to emissions management across its operations. The company is actively working towards its targets, with a focus on reducing emissions intensity and overall carbon footprint in line with industry standards.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | - | - | - | - | - | - | 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 | 000,000,000,000 | 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.
