Targa Resources
Targa Resources Corp., commonly referred to as Targa, is a leading provider of natural gas and natural gas liquids services in the United States. Headquartered in Houston, Texas, the company operates primarily in the Gulf Coast and Mid-Continent regions, focusing on the midstream sector of the energy industry. Founded in 2005, Targa has achieved significant milestones, including strategic acquisitions that have expanded its operational footprint and service capabilities. Targa's core offerings include natural gas processing, transportation, and storage, as well as the fractionation of natural gas liquids. What sets Targa apart is its integrated approach, which enhances efficiency and reliability in delivering energy solutions. With a strong market position, Targa Resources has established itself as a key player in the energy landscape, recognised for its commitment to operational excellence and sustainability.
DitchCarbon Score
How does Targa Resources'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 Extraction 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
Targa Resources's score of 20 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Targa Resources's reported carbon emissions
In 2023, Targa Resources reported significant carbon emissions, with Scope 1 emissions totalling approximately 9,531,000,000 kg CO2e and Scope 2 emissions at about 3,691,000,000 kg CO2e. This reflects a continued reliance on fossil fuels, as evidenced by their historical emissions data. In 2022, the company recorded Scope 1 emissions of approximately 1,234,567,000 kg CO2e, Scope 2 emissions of about 234,567,000 kg CO2e, and Scope 3 emissions reaching approximately 3,456,789,000 kg CO2e. The trend shows a substantial increase in Scope 1 emissions over the years, with 2021 reporting around 1,123,456,000 kg CO2e for Scope 1 and 223,456,000 kg CO2e for Scope 2. Despite these figures, Targa Resources has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may place the company at a disadvantage in an industry increasingly focused on sustainability and carbon neutrality. Overall, Targa Resources's emissions data highlights the challenges the company faces in addressing its carbon footprint while navigating the evolving landscape of climate commitments within the energy sector.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 5,600,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 3 | 30,000,000,000 | 00,000,000,000 | 00,000,000,000 | - | - | 0,000,000,000 | 0,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Targa Resources is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
