Romgaz Sustainability Profile
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 10 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Romgaz's reported carbon emissions
In 2022, Romgaz reported total carbon emissions of approximately 404,000 kg CO2e from Scope 2 and about 3,930 kg CO2e from Scope 1, resulting in a combined total of approximately 457,700 kg CO2e. This data reflects their operational emissions within Romania (RO). Romgaz has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is not cascaded from a parent organization, indicating that these figures are independently reported by SNGN Romgaz SA. The emissions figures from previous years show a trend in emissions management, with Scope 1 emissions recorded at about 4,040 kg CO2e and Scope 2 emissions at approximately 614,000 kg CO2e in 2021, leading to a total of about 5,939,000 kg CO2e. In 2020, the company reported similar emissions, with Scope 1 at about 4,180 kg CO2e and Scope 2 at approximately 518,000 kg CO2e, totalling around 5,031,000 kg CO2e. Romgaz's commitment to addressing climate change is evident through their emissions reporting, although specific reduction strategies or targets have yet to be established.
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| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 1,183,984,380 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 000,000,000,000 | 000,000,000,000 | 000,000 | 000,000 |
| Scope 3 | 373,136 | - | - | - | - |
How Carbon Intensive is Romgaz's Industry?
How Carbon Intensive is Romgaz's Location?
Romgaz's Scope 3 Categories Breakdown
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Waste Generated in Operations" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Romgaz's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Romgaz has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
