Romgaz
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.
DitchCarbon Score
How does Romgaz'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
Romgaz's score of 7 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Romgaz's reported carbon emissions
In 2022, Romgaz reported significant carbon emissions, with Scope 1 emissions totalling approximately 879,793,020 kg CO2e and Scope 2 emissions at about 400,000 kg CO2e. This data reflects the company's operational impact within Romania. The previous year, 2021, saw Scope 1 emissions of around 406,980,780 kg CO2e and Scope 2 emissions of approximately 614,000 kg CO2e, indicating a notable increase in emissions in 2022. Romgaz has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests that the company may be in the early stages of formalising its climate strategy. The intensity of greenhouse gas emissions for Romgaz was reported at about 188.0 tonnes CO2e per unit of production, highlighting the need for further assessment and potential improvements in their operational efficiency. Overall, while Romgaz has made strides in reporting its emissions, the lack of specific reduction commitments or initiatives indicates an opportunity for the company to enhance its climate action framework and align with industry standards for sustainability.
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| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 1,183,984,380 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 000,000,000,000 | - | 000,000 | 000,000 |
| Scope 3 | - | - | - | - | - |
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.
Romgaz 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.
