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Fluxys Belgium SA

Common Name
Fluxys Belgium
Country
Belgium
Sector
Energy
Industry
Oil & Gas Midstream
Employees
968
Ticker
FLUX
Exchange
Euronext Brussels
Description
Fluxys Belgium SA is a Euronext-listed subsidiary of the Fluxys infrastructure group, specializing in the transmission, storage, and liquefied natural gas terminalling in Belgium. It operates approxim...

Fluxys Belgium's GHG Emissions Data Preview

In 2025, Fluxys Belgium 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).

Fluxys Belgium has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
196,799a
130,782a
286,912a
Total Scope 2
Market-Based
82a
47a
17a
Location-Based
22,734a
11,711a
28,954a
Total Scope 3
256,278a
66,944a
215,664a
Total Scope 1 Revenue Intensity (tCO2e/$M)
217.6722a
181.3684a
437.2928a
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Verified Sources Behind Fluxys Belgium’s Greenhouse Gas (GHG) Emissions Data

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a. Fluxys Belgium's Integrated Report 2025

Insights into Fluxys Belgium's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Fluxys Belgium amounted to 219,533 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).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Fluxys Belgium increased by 54.07%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Fluxys Belgium's Scope 1 Emissions Over Time

202320242025075 k150 k225 k300 ktCO2e-54%+50%
  • Total Scope 1
  • Year-over-Year Change

What are Fluxys Belgium's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Fluxys Belgium were 196,799 metric tons of CO₂ equivalent (tCO₂e).a

Has Fluxys Belgium reduced its Scope 1 emissions over time?

Since 2023, Fluxys Belgium's Scope 1 emissions have decreased by 31.41%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2024), Fluxys Belgium's Scope 1 emissions increased by 50.48%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Fluxys Belgium's Scope 2 emissions?

In 2025, Fluxys Belgium reported Scope 2 greenhouse gas (GHG) emissions of 82 tCO₂e using the market-based method and 22,734 tCO₂e using the location-based method.a

Has Fluxys Belgium reduced its Scope 2 emissions over time?

Since 2023, Fluxys Belgium's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 21.48%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2024), Fluxys Belgium's Scope 2 emissions (Location-Based) rose by 94.13% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Fluxys Belgium use for Scope 2 reporting?

In 2025, Fluxys Belgium reported its Scope 2 emissions using the market-based method and using the location-based method.a

Fluxys Belgium's Scope 2 Emissions Over Time

20232024202507.5 k15 k22.5 k30 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Fluxys Belgium's Value Chain Emissions

In 2025, Fluxys Belgium reported 256,278 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Fluxys Belgium includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Fluxys Belgium's Scope 3 Emissions Over Time

202320242025065 k130 k195 k260 ktCO2e-69%+283%
  • Total Scope 3
  • Year-over-Year Change

What are Fluxys Belgium's Scope 3 emissions?

In 2025, Fluxys Belgium reported total Scope 3 emissions of 256,278 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Fluxys Belgium reduced its Scope 3 emissions over time?

Since 2023, Fluxys Belgium's Scope 3 emissions have increased by 18.83%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2024), Fluxys Belgium's Scope 3 emissions increased by 282.82%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Fluxys Belgium disclose?

In 2025, Fluxys Belgium reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a

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

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

In 2025, the largest contributors to Fluxys Belgium's Scope 3 emissions were:a

  • Capital Goods (Cat. 2): 135,285 tCO₂e (52.79%)
  • Purchased Goods and Services (Cat. 1): 75,264 tCO₂e (29.37%)
  • Fuel- and Energy-Related Services (Cat. 3): 42,651 tCO₂e (16.64%)

Fluxys Belgium's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(16.6%)Capital Goods(Cat. 2)(52.8%)Purchased Goods andServices (Cat. 1)(29.4%)

Insights into Fluxys Belgium’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Fluxys Belgium reported Scope 1 greenhouse gas (GHG) emissions of 196,799 tCO₂e and total revenues of USD 904 millions. This translates into an emissions intensity of 217.67 tCO₂e per millions USD.a

Fluxys Belgium's Scope 1 Emissions Intensity Compared to Peers

20010,000200,00010,000,000200,000,000Scope 1 Emissions (tCO2e)202002,00020,000200,000Revenues (Millions of USD)Cheniere EnergyYear: 2025Scope 1: 11,589,814 tCO2eRevenue: $M 19,976Scope 1 Intensity: 580.19 tCO2e/$MONEOKYear: 2024Scope 1: 3,900,000 tCO2eRevenue: $M 21,698Scope 1 Intensity: 179.74 tCO2e/$MMPLXYear: 2024Scope 1: 6,300,000 tCO2eRevenue: $M 10,904Scope 1 Intensity: 577.77 tCO2e/$MTarga ResourcesYear: 2024Scope 1: 10,168,000 tCO2eRevenue: $M 16,381Scope 1 Intensity: 620.70 tCO2e/$MEnergy TransferYear: 2023Scope 1: 19,544,494 tCO2eRevenue: $M 78,586Scope 1 Intensity: 248.70 tCO2e/$MKinder MorganYear: 2024Scope 1: 15,400,000 tCO2eRevenue: $M 15,100Scope 1 Intensity: 1,019.87 tCO2e/$MTC EnergyYear: 2025Scope 1: 45,172,000 tCO2eRevenue: $M 11,128Scope 1 Intensity: 4,059.32 tCO2e/$MEnterprise Products Partners L.PYear: 2024Scope 1: 12,753,819 tCO2eRevenue: $M 56,219Scope 1 Intensity: 226.86 tCO2e/$MWilliams CompaniesYear: 2024Scope 1: 13,389,356 tCO2eRevenue: $M 10,503Scope 1 Intensity: 1,274.81 tCO2e/$MEnbridgeYear: 2025Scope 1: 8,101,000 tCO2eRevenue: $M 47,607Scope 1 Intensity: 170.17 tCO2e/$MSinopec Kantons HoldingsYear: 2025Scope 1: 1,419 tCO2eRevenue: $M 85Scope 1 Intensity: 16.77 tCO2e/$MGlobal PartnersYear: 2024Scope 1: 42,584 tCO2eRevenue: $M 17,163Scope 1 Intensity: 2.48 tCO2e/$MFLEX LNGYear: 2025Scope 1: 786,046 tCO2eRevenue: $M 348Scope 1 Intensity: 2,261.11 tCO2e/$MTormYear: 2025Scope 1: 1,594,057 tCO2eRevenue: $M 1,340Scope 1 Intensity: 1,190.04 tCO2e/$MNew Fortress EnergyYear: 2023Scope 1: 947,243 tCO2eRevenue: $M 2,413Scope 1 Intensity: 392.51 tCO2e/$MDHT HoldingsYear: 2025Scope 1: 1,101,306 tCO2eRevenue: $M 498Scope 1 Intensity: 2,209.68 tCO2e/$MExcelerate EnergyYear: 2024Scope 1: 579,252 tCO2eRevenue: $M 851Scope 1 Intensity: 680.32 tCO2e/$MInternational SeawaysYear: 2024Scope 1: 1,934,662 tCO2eRevenue: $M 952Scope 1 Intensity: 2,033.03 tCO2e/$MScorpio TankersYear: 2024Scope 1: 1,835,650 tCO2eRevenue: $M 1,244Scope 1 Intensity: 1,475.66 tCO2e/$MQatar Gas Transport Co Ltd (Nakilat) (QPSC)Year: 2025Scope 1: 4,981,293 tCO2eRevenue: $M 1,110Scope 1 Intensity: 4,489.18 tCO2e/$MAntero MidstreamYear: 2024Scope 1: 2,002,955 tCO2eRevenue: $M 1,177Scope 1 Intensity: 1,701.94 tCO2e/$MDT MidstreamYear: 2024Scope 1: 1,612,970 tCO2eRevenue: $M 981Scope 1 Intensity: 1,644.21 tCO2e/$MNavigator HoldingsYear: 2024Scope 1: 985,641 tCO2eRevenue: $M 567Scope 1 Intensity: 1,739.33 tCO2e/$MTsakos Energy NavigationYear: 2023Scope 1: 1,189,769 tCO2eRevenue: $M 890Scope 1 Intensity: 1,337.47 tCO2e/$MCMB.TECHYear: 2025Scope 1: 1,957,085 tCO2eRevenue: $M 1,666Scope 1 Intensity: 1,174.66 tCO2e/$MFluxys BelgiumYear: 2025Scope 1: 196,799 tCO2eRevenue: $M 904Scope 1 Intensity: 217.67 tCO2e/$M

How does Fluxys Belgium's GHG emissions intensity compare to its peers?

In 2025, Fluxys Belgium reported a Scope 1 emissions intensity of 217.67 tCO₂e per millions USD. Compared to the peer group median of 1,174.66, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Fluxys Belgium rank on GHG emissions intensity within its industry?

In 2025, Fluxys Belgium ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Fluxys Belgium among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Fluxys Belgium's Total Carbon Footprint

In 2025, Fluxys Belgium reported a total carbon footprint of 475,811 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 127.19% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Fluxys Belgium's total carbon footprint was Scope 3 emissions, accounting for 53.86% of the company's total carbon footprint, followed by Scope 1 emissions at 41.36%.a

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