Romgaz
Romgaz S.A., headquartered in Romania, is a leading player in the natural gas and energy sector, primarily operating in the exploration, production, and supply of natural gas. Founded in 1909, the company has established itself as a cornerstone of Romania's energy landscape, with significant operations in key regions across the country. Specialising in the extraction and processing of natural gas, Romgaz offers unique services that include underground gas storage and electricity production. The company is recognised for its commitment to innovation and sustainability, positioning itself as a reliable energy provider in the region. With a strong market presence, Romgaz has achieved notable milestones, including significant contributions to Romania's energy independence and security.
DitchCarbon Score
How does Romgaz'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
Romgaz's score of 13 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Romgaz's reported carbon emissions
In 2023, Romgaz reported total carbon emissions of approximately 9,080,084,440 kg CO2e from Scope 1, 12,762,420 kg CO2e from Scope 2, and 9,770,251,000 kg CO2e from Scope 3 emissions. This reflects a significant commitment to transparency in their emissions reporting across all three scopes. In 2022, the company recorded emissions of about 1,020,738,130 kg CO2e for Scope 1, 7,693,990 kg CO2e for Scope 2, and 10,264,724,000 kg CO2e for Scope 3. The data indicates a focus on managing and reporting emissions, although no specific reduction targets or initiatives have been disclosed. Romgaz's emissions data from previous years shows fluctuations, with Scope 1 emissions peaking at approximately 1,024,682,000 kg CO2e in 2017 and gradually decreasing to about 406,980,780 kg CO2e in 2021. The company has not established any formal reduction targets or climate pledges, which may limit its ability to demonstrate a proactive approach to climate commitments. Overall, while Romgaz has made strides in emissions reporting, the absence of defined reduction targets suggests an opportunity for further commitment to climate action and sustainability initiatives.
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Get Started| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,024,682,000 | 000,000,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | 458,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 | - | 00,000,000,000 | 0,000,000,000 |
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.
Romgaz is not committed to any 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.
