Public Profile

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.

13

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Romgaz's score of 13 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

55%

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. This reflects a significant commitment to transparency in their emissions reporting. Over the years, Romgaz has shown fluctuations in emissions. In 2022, the company emitted about 1,020,738,130 kg CO2e from Scope 1, 7,693,990 kg CO2e from Scope 2, and 10,264,724,000 kg CO2e from Scope 3. The 2021 figures were approximately 406,980,780 kg CO2e for Scope 1 and 614,000 kg CO2e for Scope 2, with no reported Scope 3 emissions. Despite these emissions, Romgaz has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within a challenging industry context, where carbon emissions are a critical concern, and the need for sustainable practices is increasingly recognised. Romgaz's emissions data highlights the importance of ongoing efforts to address climate change and improve sustainability within the energy sector.

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Add to project
2017201820192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Romgaz's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Romgaz is headquartered in RO, which has a rank of medium, indicating medium grid carbon 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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