Naturgy Energy Group SA

Common Name

Naturgy Energy Group

Country

Spain

Sector

Utilities

Industry

Utilities - Regulated Gas

Employees

6,594

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

Naturgy Energy Group's GHG Emissions Data Preview

In 2023, Naturgy Energy Group 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).

Naturgy Energy Group 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)	2024	2023	2022	2021 - 2017
Total Scope 1 Total direct GHG emissions from categories that are owned or directly controlled by the company.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 2 Indirect GHG emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.
Market-Based Indirect emissions from purchased energy calculated using the market-based method, which reflects contractual instruments such as supplier-specific emission factors or renewable energy certificates (RECs).	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Location-Based Indirect emissions from purchased energy calculated using the location-based method, which reflects average emission factors of the local grid.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 3 All other indirect GHG emissions that occur in the company’s value chain, outside of Scope 1 and 2. This includes both upstream and downstream activities.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Categories of Scope 3 (5 categories)
Purchased Goods and Services (Cat. 1) Emissions from the extraction, production, and transportation of goods and services purchased by the company.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Fuel- and Energy-Related Services (Cat. 3) Emissions related to the production of fuels and energy purchased by the company that are not included in Scope 1 or 2 (e.g. extraction, refining, transport).	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Business Travel (Cat. 6) Emissions from business-related travel by employees, such as air travel, car rentals, and accommodations.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Employee Commuting (Cat. 7) Emissions from employee commuting between their homes and their worksites, including personal and public transport.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Use of Sold Products (Cat. 11) Emissions that occur during the use of goods and services sold by the company, especially for energy-using products.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000

This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Naturgy Energy Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Naturgy Energy Group amounted to 12,860,875 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Naturgy Energy Group decreased by 14.86%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Naturgy Energy Group's Scope 1 Emissions Over Time

Total Scope 1
Year-over-Year Change

What are Naturgy Energy Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Naturgy Energy Group were 12,463,378 metric tons of CO₂ equivalent (tCO₂e).

Has Naturgy Energy Group reduced its Scope 1 emissions over time?

Since 2018, Naturgy Energy Group's Scope 1 emissions have decreased by 33.25%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Naturgy Energy Group's Scope 1 emissions decreased by 15.45%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Naturgy Energy Group's Scope 2 emissions?

In 2023, Naturgy Energy Group reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method, and 397,497 tCO₂e using the location-based method.

Has Naturgy Energy Group reduced its Scope 2 emissions over time?

Since 2018, Naturgy Energy Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 73.04%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Naturgy Energy Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Naturgy Energy Group 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Naturgy Energy Group use for Scope 2 reporting?

In 2023, Naturgy Energy Group reported its Scope 2 emissions using the market-based method and using the location-based method.

Naturgy Energy Group's Scope 2 Emissions Over Time

Total Scope 2 Location-Based
Total Scope 2 Market-Based

Insights into Naturgy Energy Group's Value Chain Emissions

In 2023, Naturgy Energy Group reported 101,726,269 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Naturgy Energy Group includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Naturgy Energy Group's Scope 3 Emissions Over Time

Total Scope 3
Year-over-Year Change

What are Naturgy Energy Group's Scope 3 emissions?

In 2023, Naturgy Energy Group reported total Scope 3 emissions of 101,726,269 metric tons of CO₂ equivalent (tCO₂e).

Approximately 25.13% of these emissions originated from upstream activities such as purchased goods and capital goods, while 74.87% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Naturgy Energy Group reduced its Scope 3 emissions over time?

Since 2018, Naturgy Energy Group's Scope 3 emissions have decreased by 27.87%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Naturgy Energy Group's Scope 3 emissions remained relatively stable, indicating that Naturgy Energy Group 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Naturgy Energy Group disclose?

In 2023, Naturgy Energy Group reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Naturgy Energy Group's Scope 3 emissions?

In 2023, the largest contributors to Naturgy Energy Group's Scope 3 emissions were:

Use of Sold Products (Cat. 11): 76,165,592 tCO₂e (74.87%)
Fuel- and Energy-Related Services (Cat. 3): 25,367,070 tCO₂e (24.94%)
Purchased Goods and Services (Cat. 1): 186,131 tCO₂e (0.18%)

Naturgy Energy Group's Scope 3 Emissions by Categories

Insights into Naturgy Energy Group's Total Carbon Footprint

In 2023, Naturgy Energy Group reported a total carbon footprint of 114,587,144 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.47% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Naturgy Energy Group's total carbon footprint was Scope 3 emissions, accounting for 88.78% of the company's total carbon footprint, followed by Scope 1 emissions at 10.88%.

Explore Peer Companies