Naturgy Energy Group SA

Common Name
Naturgy Energy Group
Country
Spain
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
6,875
Ticker
NTGY
Exchange
BOLSA DE MADRID
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...

Naturgy Energy Group's GHG Emissions Data Preview

In 2024, 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 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
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.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Download Data

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

a. Naturgy Energy Group's Annual Report 2024
a. Naturgy Energy Group's Annual Report 2024
b. Naturgy Energy Group's Sustainability Report 2023
b. Naturgy Energy Group's Sustainability Report 2023
c. Naturgy Energy Group's Annual Report 2022
c. Naturgy Energy Group's Annual Report 2022

Insights into Naturgy Energy Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Naturgy Energy Group amounted to 11,936,097 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 Naturgy Energy Group decreased by 7.19%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Naturgy Energy Group's Scope 1 Emissions Over Time

201820192020202120222023202405 M10 M15 M20 MtCO2e-13%-9%-12%+14%-15%-8%
  • Total Scope 1
  • Year-over-Year Change

What are Naturgy Energy Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Naturgy Energy Group were 11,482,448 metric tons of CO₂ equivalent (tCO₂e). a

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

Since 2018, Naturgy Energy Group's Scope 1 emissions have decreased by 38.51%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Naturgy Energy Group's Scope 1 emissions decreased by 7.87%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Naturgy Energy Group's Scope 2 emissions?

In 2024, Naturgy Energy Group reported Scope 2 greenhouse gas (GHG) emissions of 453,649 tCO₂e using the location-based method. a

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 69.23%, reflecting a declining long-term trend in Scope 2 emissions over time. a c

Compared to the previous year (2023), Naturgy Energy Group's Scope 2 emissions (Location-Based) rose by 14.13% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

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

In 2024, Naturgy Energy Group reported its Scope 2 emissions using the location-based method. a

Naturgy Energy Group's Scope 2 Emissions Over Time

20182019202020212022202320240400 k800 k1.2 M1.6 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Naturgy Energy Group's Value Chain Emissions

In 2024, Naturgy Energy Group reported 107,461,382 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 Naturgy Energy Group includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Naturgy Energy Group's Scope 3 Emissions Over Time

2018201920202021202220232024035 M70 M105 M140 MtCO2e-2%-5%+11%-19%-8%+6%
  • Total Scope 3
  • Year-over-Year Change

What are Naturgy Energy Group's Scope 3 emissions?

In 2024, Naturgy Energy Group reported total Scope 3 emissions of 107,461,382 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 25.24% of these emissions originated from upstream activities such as purchased goods and capital goods, while 74.76% came from downstream activities like product use, distribution, and end-of-life treatment. a

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

Since 2018, Naturgy Energy Group's Scope 3 emissions have decreased by 18.22%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), 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. a

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

In 2024, Naturgy Energy Group reported emissions for 6 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 Naturgy Energy Group's Scope 3 emissions?

In 2024, the largest contributors to Naturgy Energy Group's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 80,342,387 tCO₂e (74.76%)
  • Fuel- and Energy-Related Services (Cat. 3): 26,902,224 tCO₂e (25.03%)
  • Purchased Goods and Services (Cat. 1): 164,683 tCO₂e (0.15%)

Naturgy Energy Group's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(74.8%)Fuel- andEnergy-RelatedServices (Cat. 3)(25.0%)

Insights into Naturgy Energy Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Naturgy Energy Group reported Scope 1 greenhouse gas (GHG) emissions of 11,482,448 tCO₂e and total revenues of USD 20,050 millions. This translates into an emissions intensity of 572.7 tCO₂e per millions USD. a

Naturgy Energy Group's Scope 1 Emissions Intensity Compared to Peers

50010,000200,0002,000,00050,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,00050,000Revenues (Millions of USD)Tokyo GasYear: 2023Scope 1: 4,675,000 tCO2eRevenue: $M 24,697Scope 1 Intensity: 189.30 tCO2e/$MGail (India)Year: 2024Scope 1: 3,467,989 tCO2eRevenue: $M 15,932Scope 1 Intensity: 217.68 tCO2e/$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: $M 4,275Scope 1 Intensity: 36.53 tCO2e/$MMDU Resources GroupYear: 2023Scope 1: 1,963,433 tCO2eRevenue: $M 4,657Scope 1 Intensity: 421.58 tCO2e/$MMahanagar GasYear: 2023Scope 1: 13,721 tCO2eRevenue: $M 765Scope 1 Intensity: 17.95 tCO2e/$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: $M 13,797Scope 1 Intensity: 321.81 tCO2e/$MNaturgy Energy GroupYear: 2024Scope 1: 11,482,448 tCO2eRevenue: $M 20,050Scope 1 Intensity: 572.70 tCO2e/$M

How does Naturgy Energy Group's GHG emissions intensity compare to its peers?

In 2024, Naturgy Energy Group reported a Scope 1 emissions intensity of 572.7 tCO₂e per millions USD. Compared to the peer group median of 175.83 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Naturgy Energy Group rank on GHG emissions intensity within its industry?

In 2024, Naturgy Energy Group ranked 22 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Naturgy Energy Group among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Naturgy Energy Group's Total Carbon Footprint

In 2024, Naturgy Energy Group reported a total carbon footprint of 119,397,479 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.2% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Naturgy Energy Group's total carbon footprint was Scope 3 emissions, accounting for 90% of the company's total carbon footprint, followed by Scope 1 emissions at 9.62%. a

Want Full Access to Naturgy Energy Group's GHG Emissions Dataset?
Sign Up