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Galp Energia SGPS SA
Galp Energia's GHG Emissions Data Preview
In 2024, 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 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 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.  b | Copy restricted. Please purchase to unlock this data.  c | 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.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
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cVerified Sources Behind Galp Energia’s Greenhouse Gas (GHG) Emissions Data
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Insights into Galp Energia's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofGalp Energia amounted to3,152,598metric 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).ab
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Galp Energiaincreased by 3.37%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Galp Energia's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Galp Energia's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Galp Energia were 3,128,177 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Galp Energia reduced its Scope 1 emissions over time?
Since 2019, Galp Energia's Scope 1 emissions have decreased by 16.48%, reflecting a declining long-term trend in Scope 1 emissions over time.ad
Compared to the previous year(2023), Galp Energia's Scope 1 emissions increased by 3.79%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are Galp Energia's Scope 2 emissions?
In 2024, Galp Energia reported Scope 2 greenhouse gas (GHG) emissions of 8,820 tCOâ‚‚e using the market-based method and 24,421 tCOâ‚‚e using the location-based method.b
Has Galp Energia reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Galp Energia's Scope 2 emissions(Location-Based) fell by 31.89% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.b
What methodology does Galp Energia use for Scope 2 reporting?
In 2024, Galp Energia reported its Scope 2 emissions using the market-based method and using the location-based method.b
Galp Energia's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Galp Energia's Value Chain Emissions
In 2024, Galp Energia reported 42,717,945 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Galp Energia includes a breakdown across 6of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, 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 2024, Galp Energia reported total Scope 3 emissions of 42,717,945 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 13.79%of these emissions originated from upstream activities such as purchased goods and capital goods, while 86.21%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), 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.ab
What categories of Scope 3 emissions does Galp Energia disclose?
In 2024, Galp Energia reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.b
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 2024, the largest contributors to Galp Energia's Scope 3 emissions were:b
- Use of Sold Products (Cat. 11): 35,660,439 tCOâ‚‚e(83.48%)
- Purchased Goods and Services (Cat. 1): 3,525,839 tCOâ‚‚e(8.25%)
- Fuel- and Energy-Related Services (Cat. 3): 1,781,707 tCOâ‚‚e(4.17%)
Galp Energia's Scope 3 Emissions by Categories
Insights into Galp Energia’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Galp Energia reported Scope 1 greenhouse gas (GHG) emissions of 3,128,177 tCOâ‚‚e and total revenues of USD 22,177 millions. This translates into an emissions intensity of 141.06 tCOâ‚‚e 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 2024, Galp Energia reported a Scope 1 emissions intensity of 141.06 tCOâ‚‚e per millions USD. Compared to the peer group median of 342.65, 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 2024, Galp Energia ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 2024, Galp Energia reported a total carbon footprint of 45,870,543 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.69% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Galp Energia's total carbon footprint was Scope 3 emissions, accounting for 93.13% of the company's total carbon footprint, followed by Scope 1 emissions at 6.82%.a