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Targa Resources
Natural Gas ExtractionUnited StatesNYSE: TRGP
Last verified 14 days agotargaresources.com
Targa Resources Corp., often simply referred to as Targa Resources, is a prominent American midstream energy company headquartered in the US. Founded in 2003, Targa has rapidly grown to become a vital player in the natural gas sector.
Specialising in natural gas and related services (excluding surveying), Targa provides comprehensive infrastructure solutions. Their core business encompasses natural gas gathering, processing, and transportation, alongside natural gas liquids (NGLs) fractionation, storage, and marketing. This integrated approach allows them to offer end-to-end services, from wellhead to market, across major unconventional basins in the US.
Targa Resources distinguishes itself through its extensive network of pipelines, processing plants, and export terminals, making it a key facilitator in the energy supply chain. They play a crucial role in delivering essential energy resources, contributing significantly to the nation's energy independence and economic stability.
8
DitchCarbon score
-11 vs industry average
Targa Resources’s score of 8 is lower than 24% 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
Very High
Natural Gas Extraction is among the most carbon-intensive industries
Industry performance
0.868
20182025
The Natural Gas Extraction industry has reduced its overall emissions by 16% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Targa Resources's reported carbon emissions
Targa Resources reported Scope 1 emissions of about 10.17 billion kg CO2e and Scope 2 emissions of approximately 3.99 billion kg CO2e for 2024. This follows 2023 emissions of roughly 9.53 billion kg CO2e for Scope 1 and 3.69 billion kg CO2e for Scope 2. The company has set a long-term commitment to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions by 2040.
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Targa Resources’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Active
Carbon Disclosure Project
See details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Targa Resources14 days ago
8
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Frequently asked questions
Common questions about Targa Resources’s sustainability data and climate commitments
Usage policy
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