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National Fuel Gas Co

Common Name
National Fuel Gas
Country
United States
Sector
Energy
Industry
Oil & Gas Integrated
Employees
2,322
Ticker
NFG
Exchange
New York Stock Exchange
Description
National Fuel Gas Company is an integrated energy organization involved in the exploration, production, transportation, and distribution of natural gas. It operates several business segments including...

National Fuel Gas's Climate Target Data Preview

As of 2024, National Fuel Gas has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 4 intensity-based 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 National Fuel Gas's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-25%a, b
2030
Absolute-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-75%a, c
2030
Absolute-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-90%a, c
2050
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Produced
-40%a
2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Produced
-30%a
2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Produced
-50%a
2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Produced
-30%a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind National Fuel Gas’s Climate Targets 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.

a. National Fuel Gas's Corporate Responsibility Report (CRR) 2024
b. National Fuel Gas's Corporate Responsibility Report (CRR) 2023
c. National Fuel Gas's Financial & Extra-Financial Disclosure 2022

Insights into National Fuel Gas's Greenhouse Gas Emissions Pathways

As of 2024, National Fuel Gas 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.abc

Does National Fuel Gas have a target to reduce the emissions from its operations?

As of 2024, National Fuel Gas has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.abc

National Fuel Gas's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 729,051.95 Metric Tonnes of CO2 equivalent (mtCO2e) in 1990.abc

As of 2024, National Fuel Gas is ahead of schedule on its operational emissions reduction target, having achieved 77.78% of the planned reduction.abc

National Fuel Gas's Operational (Scope 1+2) Emissions Pathway

19902024203020500200 k400 k600 k800 kBaselineCurrent (-70%)Target 2050 (-90%)
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