Engie
Engie is a publicly listed semi integrated company headquartered in France. In 2020, it had USD 68.09 billion in revenue and a reported 171,000 employees*. Engie’s main business areas include electricity, natural gas and energy services. The company has plans for greening its gas supplies with biomethane and hydrogen and aims for net-zero emissions by 2045, but it lacks disclosure on emissions.
- Ranking position
- #2 /100
- Total score
- 56.9 /100
- Performance score
- 7.9 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
Risks and opportunities
Trend
Engie receives a trend score of =. If the company were reassessed in the near future, its score would likely remain the same. Although it plans to reduce coal generation by 60% by 2023 and is developing 3-4 GW of renewable energy per annum, its plans for greening its gas will likely have significantly less impact within the next two years. If the company is unsuccessful in its attempt to add gas power plants to the EU Taxonomy, this may lead to pressure to increase the speed of its transition to green gas. Conversely, there is a risk that inclusion of natural gas in the EU Taxonomy may lead Engie towards complacency.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Paris, France
- Group revenue
- EUR 55.75 billion (USD 68.09 billion)
- Ownership structure
- Publicly listed with with 24% owned by the French government
- Number of employees
- 171,000
- Scope of activity
- Semi Integrated