Naturgy
Naturgy Energy Group, commonly referred to as Naturgy, is a leading multinational company headquartered in Spain. Established in 1843, Naturgy operates primarily in the energy sector, focusing on the generation, distribution, and marketing of electricity and natural gas. With a strong presence in Spain and Latin America, the company has achieved significant milestones, including the transition to renewable energy sources and the expansion of its infrastructure. Naturgy's core offerings include electricity generation from renewable and conventional sources, natural gas distribution, and energy efficiency solutions. What sets Naturgy apart is its commitment to sustainability and innovation, positioning itself as a key player in the energy transition. Recognised for its efforts in reducing carbon emissions, Naturgy continues to strengthen its market position, making strides towards a greener future while serving millions of customers worldwide.
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 57 is higher than 90% 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 significant carbon emissions, totalling approximately 47,749,210 kg CO2e for Scope 1, 48,684,000 kg CO2e for Scope 2, and a substantial 33,065,868,000 kg CO2e for Scope 3 emissions. This data reflects the company's ongoing commitment to transparency in its environmental impact. Naturgy has set ambitious reduction targets, aiming to decrease its GHG emissions intensity of electricity generation by 56% by 2025 compared to the base year of 2017. Additionally, the company plans to achieve a 59% reduction in emissions intensity by 2030, using 2012 as the baseline. For Scope 1 and 2 emissions, Naturgy targets a reduction of 48% by 2025, also relative to 2017 levels. Looking towards the long term, Naturgy is committed to achieving climate neutrality by 2050, which encompasses all scopes of emissions (1, 2, and 3) across its global operations. This commitment aligns with the Science Based Targets Initiative (SBTi) and reflects the company's dedication to mitigating climate change impacts. Overall, Naturgy's emissions data and reduction initiatives underscore its proactive approach to sustainability and climate responsibility, positioning the company as a leader in the energy sector's transition towards a low-carbon future.
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| 2009 | 2010 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 6,665,803.25 | 0,000,000.0 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - | 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 | 3,497,933.81 | 0,000,000.00 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000.00 | 000,000,000 | 000,000,000 |
| Scope 3 | 11,624,591.18 | 00,000,000.00 | - | - | 00,000,000,000 | 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 | 000,000,000,000 |
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 not participating in any 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.
