Naturgy Energy Group SA

Common Name

Naturgy Energy Group

Country

Spain

Sector

Utilities

Industry

Utilities - Regulated Gas

Employees

6,670

Ticker

NTGY

Exchange

BOLSA DE MADRID

Website

www.naturgy.com

Description

Naturgy Energy Group S.A. is a multinational utility company that primarily focuses on the generation, distribution, and commercialization of electricity and natural gas. Originally established in Spa... Show more

GHG Emissions Climate Targets EU Taxonomy Energy Waste Management

Naturgy Energy Group's EU Taxonomy Data Preview

In 2024, Naturgy Energy Group was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.

The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.

Naturgy Energy Group has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Naturgy Energy Group are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.

turnoveropexcapex

Metric (tonnes)	2024	2023	2022	2021 - 2017
Total Taxonomy Aligned A1 Turnover Portion of total company turnover generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.	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	Data available for purchase 0000000
Total Taxonomy Eligible A Turnover Total turnover of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.	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	Data available for purchase 0000000
Total Taxonomy Non-Eligible B Turnover Total turnover of the company associated with activities that are not listed as eligible under the EU Taxonomy.	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	Data available for purchase 0000000
Activity Level Taxonomy Aligned A1 Turnover (4 activities)
4.1 CCM/CCA - Electricity generation using solar photovoltaic technology 4.1 CCM/CCA - Electricity generation using solar photovoltaic technology	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
4.3 CCM/CCA - Electricity generation from wind power 4.3 CCM/CCA - Electricity generation from wind power	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	Data available for purchase 0000000
4.5 CCM/CCA - Electricity generation from hydropower 4.5 CCM/CCA - Electricity generation from hydropower	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	Data available for purchase 0000000
4.9 CCM/CCA - Transmission and distribution of electricity 4.9 CCM/CCA - Transmission and distribution of electricity	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	Data available for purchase 0000000

Metric (tonnes)	2024	2023	2022	2021 - 2017
Total Taxonomy Aligned A1 Opex Portion of total company OPEX generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.	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	Data available for purchase 0000000
Total Taxonomy Eligible A Opex Total OPEX of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.	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	Data available for purchase 0000000
Total Taxonomy Non-Eligible B Opex Total OPEX of the company associated with activities that are not listed as eligible under the EU Taxonomy.	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	Data available for purchase 0000000
Activity Level Taxonomy Aligned A1 Opex (5 activities)
4.1 CCM/CCA - Electricity generation using solar photovoltaic technology 4.1 CCM/CCA - Electricity generation using solar photovoltaic technology	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	Data available for purchase 0000000
4.3 CCM/CCA - Electricity generation from wind power 4.3 CCM/CCA - Electricity generation from wind power	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	Data available for purchase 0000000
4.5 CCM/CCA - Electricity generation from hydropower 4.5 CCM/CCA - Electricity generation from hydropower	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	Data available for purchase 0000000
4.9 CCM/CCA - Transmission and distribution of electricity 4.9 CCM/CCA - Transmission and distribution of electricity	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	Data available for purchase 0000000
7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies 7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^c	Data available for purchase 0000000

Metric (tonnes)	2024	2023	2022	2021 - 2017
Total Taxonomy Aligned A1 Capex Portion of total company CAPEX generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.	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	Data available for purchase 0000000
Total Taxonomy Eligible A Capex Total CAPEX of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.	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	Data available for purchase 0000000
Total Taxonomy Non-Eligible B Capex Total CAPEX of the company associated with activities that are not listed as eligible under the EU Taxonomy.	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	Data available for purchase 0000000
Activity Level Taxonomy Aligned A1 Capex (5 activities)
4.1 CCM/CCA - Electricity generation using solar photovoltaic technology 4.1 CCM/CCA - Electricity generation using solar photovoltaic technology	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	Data available for purchase 0000000
4.3 CCM/CCA - Electricity generation from wind power 4.3 CCM/CCA - Electricity generation from wind power	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	Data available for purchase 0000000
4.5 CCM/CCA - Electricity generation from hydropower 4.5 CCM/CCA - Electricity generation from hydropower	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	Data available for purchase 0000000
4.9 CCM/CCA - Transmission and distribution of electricity 4.9 CCM/CCA - Transmission and distribution of electricity	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	Data available for purchase 0000000
7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies 7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000

Verified Sources Behind Naturgy Energy Group’s EU Taxonomy 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 Naturgy Energy Group’s data sources below and access millions more through our Disclosure Search.

a. Naturgy Energy Group's Annual Report 2024

b. Naturgy Energy Group's Sustainability Report 2023

c. Naturgy Energy Group's Annual Report 2022

Insights into Naturgy Energy Group's Revenues from Sustainable Activities

In 2024, Naturgy Energy Group reported EU Taxonomy-eligible revenues of EUR 5.22 billion, representing 27% of its total turnover. Of this amount, EUR 2.89 billion of Naturgy Energy Group's revenues was classified as EU Taxonomy-aligned, indicating that 15% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).^a

Naturgy Energy Group's Taxonomy-Eligible Turnover Over Time

Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Naturgy Energy Group's revenues become more sustainable over time?

Since 2022, Naturgy Energy Group's taxonomy-aligned revenues increased by 114.29%,reflecting a sustained upward trend in environmentally sustainable revenue generation.^{a, c}

Compared to the previous year (2023), Naturgy Energy Group's taxonomy-aligned revenues increased by 36.36%,highlighting Naturgy Energy Group's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.^{a, b}

How much of Naturgy Energy Group's revenue is eligible under the EU Taxonomy?

In 2024, Naturgy Energy Group reported that EUR 5.22 billion of its revenue was eligible under the EU Taxonomy, representing 27% of the company's total turnover. Of this amount, EUR 2.89 billion (15% of total revenue) was classified as Taxonomy-aligned. This means that 12% of Naturgy Energy Group's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.^a

How much of Naturgy Energy Group's eligible revenue is aligned with the EU Taxonomy?

In 2024, Naturgy Energy Group reported that EUR 2.89 billion of its revenue was aligned under the EU Taxonomy, representing 15% of its total turnover.^a

This moderate level of alignment indicates that Naturgy Energy Group has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.

Naturgy Energy Group's Eligibility & Alignment Overview

Naturgy Energy Group's Contribution to Environmental Objectives

Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover

How is Naturgy Energy Group's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2024, Naturgy Energy Group reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives^a:

Climate Change Mitigation: 15%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%

How much revenue does Naturgy Energy Group earn from selling climate-related solutions ?

In 2024, Naturgy Energy Group reported that EUR 2.89 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 15% of the company's total revenue,indicating that Naturgy Energy Grouphas a moderate focuson solutions that support climate action through its commercial activities.^a

Insights into Naturgy Energy Group's CAPEX from Sustainable Activities

In 2024, Naturgy Energy Group reported EU Taxonomy-eligible CAPEX of EUR 1.85 billion,representing 75% of its total CAPEX. Of this amount, EUR 1.69 billion of Naturgy Energy Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 69% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).^a

Naturgy Energy Group's Taxonomy-Eligible Capex Over Time

Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex

Have Naturgy Energy Group's increased its investment in sustainable activities over time?

Since 2022, Naturgy Energy Group's taxonomy-aligned capital expenditure (CAPEX)increased by 16.95%,pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.^{a, c}

Compared to the previous year (2023), Naturgy Energy Group's taxonomy-aligned CAPEX decreased by 6.76%,suggesting that Naturgy Energy Group may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.^{a, b}

How much of Naturgy Energy Group's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Naturgy Energy Group reported that EUR 1.85 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 75% of the company's total CAPEX. Of this amount, EUR 1.69 billion (69% of total CAPEX) was classified as Taxonomy-aligned. This means that 7% of Naturgy Energy Group's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).^a

How much of Naturgy Energy Group's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Naturgy Energy Group reported that EUR 1.69 billion of its CAPEX was aligned under the EU Taxonomy, representing 69% of its total capital investment.^a

This strong alignment suggests that Naturgy Energy Group is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.

Naturgy Energy Group's Eligibility & Alignment Overview

Naturgy Energy Group's Contribution to Environmental Objectives

Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex

How is Naturgy Energy Group's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, Naturgy Energy Group reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives^a:

Climate Change Mitigation: 69%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%

How much Naturgy Energy Group is investing in climate-related solutions?

In 2024, Naturgy Energy Group allocated EUR 1.69 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 69% of the company's total capital expenditure,indicating that Naturgy Energy Groupis prioritizing climate-focused investments as a central part of its overall capital strategy.^a

Insights into Naturgy Energy Group's OPEX from Sustainable Activities

In 2024, Naturgy Energy Group reported EU Taxonomy-eligible OPEX of EUR 186.00 million,representing 44% of its total operating expenses (OPEX). Of this amount, EUR 137.00 million of Naturgy Energy Group's OPEX was classified as EU Taxonomy-aligned, indicating that 32% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).^a

Naturgy Energy Group's Taxonomy-Eligible Opex Over Time

Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex

Have Naturgy Energy Group's increased its spending in sustainable activities over time?

Since 2022, Naturgy Energy Group's taxonomy-aligned operating expenditure (OPEX)decreased by 17.95%,indicating a long-term decline in sustainability-related operational spending, which may reflect shifting priorities or reduced emphasis on green initiatives.^{a, c}

Compared to the previous year (2023), Naturgy Energy Group's taxonomy-aligned OPEX decreased by 17.95%, suggesting that Naturgy Energy Group may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.^{a, b}

How much of Naturgy Energy Group's operational expenditure (OPEX) is eligible under the EU Taxonomy?

In 2024, Naturgy Energy Group reported that EUR 186.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 44% of the company's total OPEX. Of this amount, EUR 137.00 million (32% of total OPEX) was classified as Taxonomy-aligned. This means that 12% of Naturgy Energy Group's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).^a

How much of Naturgy Energy Group's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Naturgy Energy Group reported that EUR 137.00 million of its OPEX was aligned under the EU Taxonomy, representing 32% of its total operational expenditure.^a

This moderate level of alignment indicates that Naturgy Energy Group is beginning to shift operational priorities toward greener practices, with room for deeper integration.

Naturgy Energy Group's Eligibility & Alignment Overview

Naturgy Energy Group's Contribution to Environmental Objectives

Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex

How is Naturgy Energy Group's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2024, Naturgy Energy Group reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives^a:

Climate Change Mitigation: 32%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%

How much of Naturgy Energy Group's operational budget supports climate-related solutions?

In 2024, Naturgy Energy Group allocated EUR 136.32 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 32% of the company's total OPEX,indicating that Naturgy Energy Groupis moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.^a

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Naturgy Energy Group SA

Naturgy Energy Group's EU Taxonomy Data Preview

Verified Sources Behind Naturgy Energy Group’s EU Taxonomy Data

Insights into Naturgy Energy Group's Revenues from Sustainable Activities

Naturgy Energy Group's Taxonomy-Eligible Turnover Over Time

Have Naturgy Energy Group's revenues become more sustainable over time?

How much of Naturgy Energy Group's revenue is eligible under the EU Taxonomy?

How much of Naturgy Energy Group's eligible revenue is aligned with the EU Taxonomy?

Naturgy Energy Group's Eligibility & Alignment Overview

Naturgy Energy Group's Contribution to Environmental Objectives

How is Naturgy Energy Group's taxonomy-aligned revenue distributed across the EU environmental objectives?

How much revenue does Naturgy Energy Group earn from selling climate-related solutions ?

Insights into Naturgy Energy Group's CAPEX from Sustainable Activities

Naturgy Energy Group's Taxonomy-Eligible Capex Over Time

Have Naturgy Energy Group's increased its investment in sustainable activities over time?

How much of Naturgy Energy Group's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

How much of Naturgy Energy Group's eligible CAPEX is aligned with the EU Taxonomy?

Naturgy Energy Group's Eligibility & Alignment Overview

Naturgy Energy Group's Contribution to Environmental Objectives

How is Naturgy Energy Group's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

How much Naturgy Energy Group is investing in climate-related solutions?

Insights into Naturgy Energy Group's OPEX from Sustainable Activities

Naturgy Energy Group's Taxonomy-Eligible Opex Over Time

Have Naturgy Energy Group's increased its spending in sustainable activities over time?

How much of Naturgy Energy Group's operational expenditure (OPEX) is eligible under the EU Taxonomy?

How much of Naturgy Energy Group's eligible OPEX is aligned with the EU Taxonomy?

Naturgy Energy Group's Eligibility & Alignment Overview

Naturgy Energy Group's Contribution to Environmental Objectives

How is Naturgy Energy Group's taxonomy-aligned OPEX distributed across the EU environmental objectives?

How much of Naturgy Energy Group's operational budget supports climate-related solutions?

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