Naturgy
Naturgy Energy Group, commonly referred to as Naturgy, is a leading multinational company headquartered in Spain (ES) that operates primarily in the energy sector. Founded in 1843, Naturgy has established itself as a key player in the generation, distribution, and marketing of electricity and natural gas, with significant operations across Europe and Latin America. The company is renowned for its commitment to sustainability and innovation, offering a diverse range of services that include renewable energy solutions and efficient gas distribution. Naturgy's focus on clean energy and customer-centric services has positioned it as a market leader, achieving notable milestones in reducing carbon emissions and enhancing energy efficiency. With a strong emphasis on technological advancement, Naturgy continues to shape the future of energy, making it a pivotal force in the global energy landscape.
DitchCarbon Score
How does Naturgy'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
Naturgy's score of 49 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Naturgy's reported carbon emissions
In 2024, Naturgy reported total carbon emissions of approximately 118,943,830,000 kg CO2e, with Scope 1 emissions at about 11,482,448,000 kg CO2e, Scope 2 emissions at approximately 500,000,000 kg CO2e, and Scope 3 emissions reaching around 107,500,000,000 kg CO2e. In 2023, the company recorded total emissions of about 114,189,647,000 kg CO2e, with Scope 1 at approximately 12,463,378,000 kg CO2e, Scope 2 at around 397,497,000 kg CO2e, and Scope 3 at about 101,726,269,000 kg CO2e. Naturgy has set ambitious targets to reduce its greenhouse gas emissions. The company aims to achieve a 50% reduction in Scope 1 and 2 emissions by 2025 compared to a 2017 baseline. Additionally, it has committed to a 58% reduction in these emissions by 2030, also relative to the 2012 baseline. Notably, Naturgy has already surpassed its interim target, achieving a 52% reduction in emissions from 2017 to 2023, exceeding the initial goal of 24% by 2025. The company’s climate commitments are supported by its corporate responsibility policies, which prioritise the reduction of greenhouse gas emissions across all scopes. Naturgy's emissions data and reduction initiatives are sourced from Naturgy Energy Group, S.A., ensuring a comprehensive approach to sustainability and climate action.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 00,000,000,000 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | - | - | - | 0,000,000,000 | - | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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.
Naturgy is participating in some of the initiatives that 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.
