National Fuel Gas Company, commonly referred to as National Fuel, is a prominent player in the distribution services of gaseous fuels through mains. Headquartered in the United States, the company primarily operates in the northeastern region, serving customers across New York and Pennsylvania. Founded in 1902, National Fuel has established itself as a reliable provider of natural gas, with a commitment to safety and efficiency.
The company’s core services include the distribution of natural gas to residential, commercial, and industrial customers, alongside its exploration and production operations. National Fuel is recognised for its innovative approach to energy distribution, ensuring a consistent supply while prioritising environmental sustainability. With a strong market position, the company has achieved notable milestones, including advancements in pipeline technology and customer service initiatives, solidifying its reputation as a leader in the gaseous fuel industry.
-1 vs industry average
National Fuel Gas’s score of 16 is lower than 42% 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
Gas Distribution is among the most carbon-intensive industries
Industry performance
The Gas Distribution industry has reduced its overall emissions by 32% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
National Fuel Gas's reported carbon emissions
National Fuel Gas (NFG), headquartered in the US and operating in the distribution services of gaseous fuels through mains industry, has reported its greenhouse gas emissions.
In 2023, NFG's Scope 1 emissions were approximately 205,119,000 kg CO2e, and Scope 2 emissions were approximately 949,000 kg CO2e. For 2022, Scope 1 emissions totalled around 245,019,000 kg CO2e, with Scope 2 emissions at approximately 463,000 kg CO2e. In 2021, Scope 1 emissions were reported as approximately 266,112,000 kg CO2e, and Scope 2 emissions were about 404,000 kg CO2e. Prior to that, in 2020, Scope 1 emissions stood at approximately 259,557,000 kg CO2e, and Scope 2 emissions were about 430,000 kg CO2e. In 2019, NFG disclosed Scope 1 emissions of approximately 1,966,929,000 kg CO2e, with no Scope 2 data available for that year.
NFG has established a corporate-level greenhouse gas (GHG) reduction target of 25% by 2030, using a 2020 baseline. This target encompasses all scopes. Furthermore, the company has set segment-level methane intensity targets. Specifically, NFG's Utility segment has achieved a reduction of over 60% in EPA subpart W emissions. The company also has waste reduction goals, aiming for a 40% reduction in waste quantities generated throughout its operations by 2030 (Scope 1), and a 30% reduction by 2030 (Scope 2), both from a 2020 baseline. NFG has not yet disclosed Scope 3 emissions data, with purchased goods and services being a noted missing data point.
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National Fuel Gas’s Climate Goals (2030 & 2050)
3 goals2030
40% reduction in Scope 1
Committed to reducing waste quantities generated throughout our operations.
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.
Emissions comparison with industry peers
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