Romgaz

Sustainability Report and Carbon Intensity Rankings

Is Romgaz doing their part?

Their DitchCarbon score is 5

Romgaz has a low DitchCarbon Score of 5 out of 100, indicating poor performance in sustainability measures. This suggests that the company has a high carbon intensity relative to its industry peers. Romgaz may need to implement significant changes to reduce its emissions and improve its sustainability efforts.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Romgaz is part of the energy generation and distribution industry, which has a carbon intensity ranking of very high. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Romgaz, located in Romania, benefits from a low carbon intensity rating in the region, indicating a smaller carbon footprint for its operations. This suggests that the company’s sustainability efforts are supported by the country’s overall lower environmental impact.

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

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The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

25.44%

...this company is doing 25.44% worse in emissions than the industry average.

Founded in 1909, Romgaz is a prominent player in the energy generation and distribution industry, headquartered in Sibiu, Romania. As the largest natural gas producer in the country, Romgaz specializes in the exploration and production of methane, storage of natural gas, and maintenance of wells and transportation infrastructure. The company, primarily owned by the Romanian State, is publicly traded on the Bucharest Stock Exchange and also has GDRs listed on the London Stock Exchange.

emission intelligence's platform recommendations for Romgaz

Romgaz should undertake a thorough inventory of all Scope 1 emissions sources to identify and implement energy efficiency measures and transition to low-carbon or renewable energy sources, which could potentially reduce their emissions by 15%.

Bad news, Romgaz hasn't committed to SBTi targets yet

Romgaz has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining its goals for reducing greenhouse gas emissions in line with climate science.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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