Galp Energia SGPS SA
Galp Energia's GHG Emissions Data Preview
In 2023, Galp Energia 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).
Galp Energia has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Galp Energia’s Greenhouse Gas (GHG) Emissions Data
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Insights into Galp Energia's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Galp Energia amounted to 3,001,590 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 2022, the total operational greenhouse gas (GHG) emissions of Galp Energia decreased by 13.04%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Galp Energia's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Galp Energia's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Galp Energia were 2,991,742 metric tons of CO₂ equivalent (tCO₂e). a
Has Galp Energia reduced its Scope 1 emissions over time?
Since 2019, Galp Energia's Scope 1 emissions have decreased by 20.13%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Galp Energia's Scope 1 emissions decreased by 13.09%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Galp Energia's Scope 2 emissions?
In 2023, Galp Energia reported Scope 2 greenhouse gas (GHG) emissions of 9,848 tCO₂e using the market-based method. a
Has Galp Energia reduced its Scope 2 emissions over time?
Since 2019, Galp Energia's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 91.25%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Galp Energia's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Galp Energia 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Galp Energia use for Scope 2 reporting?
In 2023, Galp Energia reported its Scope 2 emissions using the market-based method. a
Galp Energia's Scope 2 Emissions Over Time
- Total Scope 2 Market-Based
Insights into Galp Energia's Value Chain Emissions
In 2023, Galp Energia reported 42,137,000 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 2023 disclosure of Galp Energia includes a breakdown across 5 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. a
Galp Energia's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Galp Energia's Scope 3 emissions?
In 2023, Galp Energia reported total Scope 3 emissions of 42,137,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 12.37% of these emissions originated from upstream activities such as purchased goods and capital goods, while 87.63% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Galp Energia's Scope 3 emissions remained relatively stable, indicating that Galp Energia 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Galp Energia disclose?
In 2023, Galp Energia reported emissions for 5 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 Galp Energia's Scope 3 emissions?
In 2023, the largest contributors to Galp Energia's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 35,160,000 tCO₂e (84.81%)
- Purchased Goods and Services (Cat. 1): 4,160,000 tCO₂e (10.03%)
- Processing of Sold Products (Cat. 10): 1,170,000 tCO₂e (2.82%)
Galp Energia's Scope 3 Emissions by Categories
Insights into Galp Energia’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Galp Energia reported Scope 1 greenhouse gas (GHG) emissions of 2,991,742 tCO₂e and total revenues of USD 22,986 millions. This translates into an emissions intensity of 130.15 tCO₂e per millions USD. a
Galp Energia's Scope 1 Emissions Intensity Compared to Peers
How does Galp Energia's GHG emissions intensity compare to its peers?
In 2023, Galp Energia reported a Scope 1 emissions intensity of 130.15 tCO₂e per millions USD. Compared to the peer group median of 347, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Galp Energia rank on GHG emissions intensity within its industry?
In 2023, Galp Energia ranked 2 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Galp Energia among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Galp Energia's Total Carbon Footprint
In 2023, Galp Energia reported a total carbon footprint of 45,138,590 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.17% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Galp Energia's total carbon footprint was Scope 3 emissions, accounting for 93.35% of the company's total carbon footprint, followed by Scope 1 emissions at 6.63%. a