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.
-13 vs industry average
Romgaz’s score of 3 is lower than 13% 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
Natural Gas Liquids is among the most carbon-intensive industries
Industry performance
The Natural Gas Liquids industry has reduced its overall emissions by 98% since 2019
Emissions trajectory 2020 – 2024
Reported emissions
Scope 3 accounts for ••• of total emissions.
Romgaz's reported carbon emissions
In 2023, Romgaz reported no specific carbon emissions data, indicating a lack of disclosed emissions figures for that year. However, in 2021, the company recorded total emissions of approximately 407 million kg CO2e for Scope 1 and about 614,000 kg CO2e for Scope 2, resulting in a calculated total of approximately 407.6 million kg CO2e. The previous year, 2020, saw emissions of approximately 537 million kg CO2e for Scope 1 and about 518,000 kg CO2e for Scope 2, leading to a total of approximately 537.5 million kg CO2e. Romgaz has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company has not disclosed any climate pledges, which suggests a need for further commitment to climate action. Overall, while Romgaz has provided some emissions data for previous years, the lack of recent disclosures and defined reduction strategies highlights an area for potential improvement in their climate commitments.
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Romgaz’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Romgaz yet.
Scope 3 top emissions categories
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Emissions comparison with industry peers
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Romgaz
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