Galp Energia SGPS SA
Galp Energia's Climate Target Data Preview
As of 2024, Galp Energia has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 2 intensity-based target 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 Galp Energia ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Produced | Copy restricted. Please purchase to unlock this data. b, c | 2030 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), 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 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Sold | Copy restricted. Please purchase to unlock this data.  a | 2030 |
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Verified Sources Behind Galp Energia’s Climate Targets Data
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Insights into Galp Energia's Greenhouse Gas Emissions Pathways
As of 2024, Galp Energia has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a b c
Does Galp Energia have a target to reduce the emissions from its operations?
As of 2024, Galp Energia has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Galp Energia's most ambitious operational target is to reduce these emissions by 40% by 2030, compared to a baseline of 4,305,555.556 Metric Tonnes of CO2 equivalent (mtCO2e) in 2017. a
As of 2024, Galp Energia is ahead of schedule on its operational emissions reduction target, having achieved 70% of the planned reduction. a
Galp Energia's Operational (Scope 1+2) Emissions Pathway
Does Galp Energia have a target to reduce its total carbon footprint?
As of 2024, Galp Energia has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a b c
Galp Energia's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Produced in 2017, by 40% by 2030. a b c
As of 2023, Galp Energia is on track to meet its total carbon footprint reduction target, having achieved 47.5% of the planned reduction. a b c