Italgas SpA

Common Name
Italgas
Country
Italy
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
6,500
Ticker
IG
Exchange
EURONEXT MILAN
Description
Italgas S.p.A. is a leading natural gas distribution company in Italy, playing a pivotal role in the country's energy infrastructure. The primary function of Italgas is to manage and maintain an exten...

Italgas's GHG Emissions Data Preview

In 2024, Italgas 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).

Italgas 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)2024202320222021 - 2017
Total Scope 1
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a
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b
0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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c
0000000
Total Scope 3
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a
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c
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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Verified Sources Behind Italgas’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Italgas’s data sources below and access millions more through our Disclosure Search.

a. Italgas's Integrated Report 2024
a. Italgas's Integrated Report 2024
b. Italgas's Integrated Report 2023
b. Italgas's Integrated Report 2023
c. Italgas's Integrated Report 2022
c. Italgas's Integrated Report 2022

Insights into Italgas's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Italgas amounted to 211,422 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 2023, the total operational greenhouse gas (GHG) emissions of Italgas increased by 36.14%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Italgas's Scope 1 Emissions Over Time

20202021202220232024045 k90 k135 k180 ktCO2e-7%-8%+1%-20%
  • Total Scope 1
  • Year-over-Year Change

What are Italgas's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Italgas were 120,275 metric tons of CO₂ equivalent (tCO₂e). a

Has Italgas reduced its Scope 1 emissions over time?

Since 2020, Italgas's Scope 1 emissions have decreased by 30.52%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Italgas's Scope 1 emissions decreased by 19.66%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Italgas's Scope 2 emissions?

In 2024, Italgas reported Scope 2 greenhouse gas (GHG) emissions of 160,564 tCO₂e using the market-based method and 91,147 tCO₂e using the location-based method. a

Has Italgas reduced its Scope 2 emissions over time?

Since 2020, Italgas's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 1,148.59%, reflecting a rising long-term trend in Scope 2 emissions over time. a c

Compared to the previous year (2023), Italgas's Scope 2 emissions (Location-Based) rose by 1,527.63% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Italgas use for Scope 2 reporting?

In 2024, Italgas reported its Scope 2 emissions using the market-based method and using the location-based method. a

Italgas's Scope 2 Emissions Over Time

20202021202220232024045 k90 k135 k180 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Italgas's Value Chain Emissions

In 2024, Italgas reported 103,926 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 2024 disclosure of Italgas includes a breakdown across 7 of 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

Italgas's Scope 3 Emissions Over Time

20202021202220232024050 k100 k150 k200 ktCO2e-19%-7%+30%-44%
  • Total Scope 3
  • Year-over-Year Change

What are Italgas's Scope 3 emissions?

In 2024, Italgas reported total Scope 3 emissions of 103,926 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 Italgas reduced its Scope 3 emissions over time?

Since 2020, Italgas's Scope 3 emissions have decreased by 44.69%, reflecting a declining long-term trend in Scope 3 emissions over time. a c

Compared to the previous year (2023), Italgas's Scope 3 emissions decreased by 43.64%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Italgas disclose?

In 2024, Italgas 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 Italgas's Scope 3 emissions?

In 2024, the largest contributors to Italgas's Scope 3 emissions were: a

  • Capital Goods (Cat. 2): 41,451 tCO₂e (39.89%)
  • Purchased Goods and Services (Cat. 1): 39,394 tCO₂e (37.91%)
  • Fuel- and Energy-Related Services (Cat. 3): 15,546 tCO₂e (14.96%)

Italgas's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(39.9%)Purchased Goods andServices (Cat. 1)(37.9%)Fuel- andEnergy-RelatedServices (Cat. 3)(15.0%)

Insights into Italgas’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Italgas reported Scope 1 greenhouse gas (GHG) emissions of 120,275 tCO₂e and total revenues of USD 2,616 millions. This translates into an emissions intensity of 45.98 tCO₂e per millions USD. a

Italgas's Scope 1 Emissions Intensity Compared to Peers

5005,000100,0001,000,00020,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)CCCChina Resources Gas GroupYear: 2024Scope 1: 38,715 tCO2eRevenue: $M 13,221Scope 1 Intensity: 2.93 tCO2e/$MTian Lun Gas HoldingsYear: 2023Scope 1: 2,699 tCO2eRevenue: $M 1,187Scope 1 Intensity: 2.27 tCO2e/$MSnamYear: 2024Scope 1: 1,175,381 tCO2eRevenue: $M 3,692Scope 1 Intensity: 318.35 tCO2e/$MAygazYear: 2023Scope 1: 5,401 tCO2eRevenue: $M 2,194Scope 1 Intensity: 2.46 tCO2e/$MChesapeake UtilitiesYear: 2023Scope 1: 192,505 tCO2eRevenue: $M 671Scope 1 Intensity: 287.06 tCO2e/$MSpireYear: 2023Scope 1: 333,327 tCO2eRevenue: $M 2,666Scope 1 Intensity: 125.01 tCO2e/$MAtmos EnergyYear: 2023Scope 1: 156,162 tCO2eRevenue: $M 4,275Scope 1 Intensity: 36.53 tCO2e/$MKoreaGasCorpYear: 2023Scope 1: 249,923 tCO2eRevenue: $M 34,868Scope 1 Intensity: 7.17 tCO2e/$MChina Gas HoldingsYear: 2024Scope 1: 259,833 tCO2eRevenue: $M 10,403Scope 1 Intensity: 24.98 tCO2e/$MIndraprastha GasYear: 2023Scope 1: 728,886 tCO2eRevenue: $M 1,716Scope 1 Intensity: 424.82 tCO2e/$MENN Natural GasYear: 2024Scope 1: 3,862,800 tCO2eRevenue: $M 18,623Scope 1 Intensity: 207.42 tCO2e/$MENN Energy HoldingsYear: 2024Scope 1: 101,468 tCO2eRevenue: $M 16,395Scope 1 Intensity: 6.19 tCO2e/$MUGIYear: 2023Scope 1: 1,070,316 tCO2eRevenue: $M 8,928Scope 1 Intensity: 119.88 tCO2e/$MEnagasYear: 2023Scope 1: 294,649 tCO2eRevenue: $M 1,005Scope 1 Intensity: 293.32 tCO2e/$MGujarat GasYear: 2023Scope 1: 2,910 tCO2eRevenue: $M 2,030Scope 1 Intensity: 1.43 tCO2e/$MBlack HillsYear: 2023Scope 1: 4,512,017 tCO2eRevenue: $M 2,331Scope 1 Intensity: 1,935.41 tCO2e/$MNew Jersey ResourcesYear: 2023Scope 1: 50,068 tCO2eRevenue: $M 1,963Scope 1 Intensity: 25.51 tCO2e/$MHong Kong and China GasYear: 2024Scope 1: 1,628,000 tCO2eRevenue: $M 7,143Scope 1 Intensity: 227.92 tCO2e/$MONE GasYear: 2023Scope 1: 417,058 tCO2eRevenue: $M 2,372Scope 1 Intensity: 175.83 tCO2e/$MChina Suntien Green EnergyYear: 2023Scope 1: 2,107 tCO2eRevenue: $M 2,854Scope 1 Intensity: 0.74 tCO2e/$MComgásYear: 2024Scope 1: 14,429 tCO2eRevenue: $M 2,500Scope 1 Intensity: 5.77 tCO2e/$MAPA GroupYear: 2024Scope 1: 1,905,327 tCO2eRevenue: $M 2,021Scope 1 Intensity: 942.76 tCO2e/$MOsaka GasYear: 2025Scope 1: 4,440,000 tCO2eRevenue: $M 13,797Scope 1 Intensity: 321.81 tCO2e/$MItalgasYear: 2024Scope 1: 120,275 tCO2eRevenue: $M 2,616Scope 1 Intensity: 45.98 tCO2e/$M

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

In 2024, Italgas reported a Scope 1 emissions intensity of 45.98 tCO₂e per millions USD. Compared to the peer group median of 119.88 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Italgas rank on GHG emissions intensity within its industry?

In 2024, Italgas ranked 12 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Italgas is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Italgas's Total Carbon Footprint

In 2024, Italgas reported a total carbon footprint of 315,348 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.17% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Italgas's total carbon footprint was Scope 1 emissions, accounting for 38.14% of the company's total carbon footprint, followed by Scope 3 emissions at 32.96%. a

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