Enagas SA

Common Name
Enagas
Country
Spain
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
1,388
Ticker
ENG
Exchange
BOLSA DE MADRID
Description
Enagas, S.A. is a leading energy infrastructure company specializing in the development, maintenance, and operation of gas networks and storage facilities. As a critical player in the energy sector, E...

Enagas's Climate Target Data Preview

As of 2024, Enagas has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 7 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Enagas ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Fugitive, Scope 1 - Venting
Metric Tonnes of CH4 (mtCH4)
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a
2025
Absolute-based Target*
Scope 1 - Fugitive, Scope 1 - Venting
Metric Tonnes of CH4 (mtCH4)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2040
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2040
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Enagas’s Climate Targets Data

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a. Enagas's Annual Report 2024
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Insights into Enagas's Greenhouse Gas Emissions Pathways

As of 2024, Enagas has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Enagas have a target to reduce the emissions from its operations?

As of 2024, Enagas has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Enagas's most ambitious operational target is to reduce these emissions by 92% by 2040, compared to a baseline of 304,758 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a

As of 2024, Enagas is on track to meet its operational emissions reduction target, having achieved 27.33% of the planned reduction. a

Enagas's Operational (Scope 1+2) Emissions Pathway

2018202420302040080 k160 k240 k320 kBaselineCurrent (-25%)Target 2030 (-50%)Target 2040 (-92%)

Does Enagas have a target to reduce the emissions from its value chain?

As of 2024, Enagas has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Enagas's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 825,211 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, Enagas is lagging behind on its value chain emissions reduction target, having achieved 9.77% of the planned reduction. a

Enagas's Value Chain (Scope 3) Emissions Pathway

202120242030204020500250 k500 k750 k1 MCurrent (-9%)Target 2030 (-25%)Target 2040 (-50%)Target 2050 (-90%)
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