Enagas SA

Common Name
Enagas
Country
Spain
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
1,395
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 GHG Emissions Data Preview

In 2023, Enagas completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Enagas has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Enagas's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Enagas amounted to 353,293 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Enagas decreased by 20.62%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Enagas's Scope 1 Emissions Over Time

2018201920202021202220230100 k200 k300 k400 ktCO2e+1%-24%+27%+46%-24%
  • Total Scope 1
  • Year-over-Year Change

What are Enagas's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Enagas were 294,649 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Enagas reduced its Scope 1 emissions over time?

Since 2018, Enagas's Scope 1 emissions have increased by 7.36%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Enagas's Scope 1 emissions decreased by 23.55%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Enagas's Scope 2 emissions?

In 2023, Enagas reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method, and 58,644 tCOâ‚‚e using the location-based method.

Has Enagas reduced its Scope 2 emissions over time?

Since 2018, Enagas's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 18.64%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Enagas's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Enagas 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Enagas use for Scope 2 reporting?

In 2023, Enagas reported its Scope 2 emissions using the market-based method and using the location-based method.

Enagas's Scope 2 Emissions Over Time

201820192020202120222023025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Enagas's Value Chain Emissions

In 2023, Enagas reported 723,986 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Enagas includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Enagas's Scope 3 Emissions Over Time

201920202021202220230300 k600 k900 k1.2 MtCO2e+55%+144%+29%-32%
  • Total Scope 3
  • Year-over-Year Change

What are Enagas's Scope 3 emissions?

In 2023, Enagas reported total Scope 3 emissions of 723,986 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 92.07% of these emissions originated from upstream activities such as purchased goods and capital goods, while 7.93% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Enagas's Scope 3 emissions decreased by 31.85%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Enagas disclose?

In 2023, Enagas reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Enagas's Scope 3 emissions?

In 2023, the largest contributors to Enagas's Scope 3 emissions were:

  • Upstream Transportation and Distribution (Cat. 4): 458,204 tCOâ‚‚e (75.2%)
  • Investments (Cat. 15): 48,329 tCOâ‚‚e (7.93%)
  • Purchased Goods and Services (Cat. 1): 45,735 tCOâ‚‚e (7.51%)

Enagas's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(7.5%)Investments(Cat. 15)(7.9%)UpstreamTransportation andDistribution(Cat. 4)(75.2%)

Insights into Enagas's Total Carbon Footprint

In 2023, Enagas reported a total carbon footprint of 1,077,279 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 28.53% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Enagas's total carbon footprint was Scope 3 emissions, accounting for 67.21% of the company's total carbon footprint, followed by Scope 1 emissions at 27.35%.