Naturgy Energy
Naturgy Energy is a publicly listed semi-integrated gas company headquartered in Spain. In 2020, it had USD 18.47 billion in revenue and a reported 11,847 employees*. Naturgy operates eight LNG tankers and two pipeline networks and is a leading gas distributor in Latin America. It is developing renewable energy projects and aims to be carbon neutral by 2050 but lacks a scope 3 emissions target.
- Ranking position
- #3 /100
- Total score
- 44.8 /100
- Performance score
- 6.8 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Trend
Naturgy receives a trend score of +. If the company were reassessed in the near future, its score would likely improve. The company’s plans to increase the share of electricity in its portfolio up to 60%, and conversely reduce gas to 40%, can reduce its overall emissions. Similarly, Naturgy’s plans to increase the share of renewable electricity in its power generation mix and develop energy services for its customers can improve the company’s alignment with its 1.5°C pathway. It is however crucial that Naturgy sets short- and long-term scope 3 emissions reduction targets to support its 2050 carbon neutrality objective to significantly improve its performance.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Madrid, Spain
- Group revenue
- EUR 15,345,000,000 (USD 18.47 billion)
- Ownership structure
- Publicly listed
- Number of employees
- 11,847
- Scope of activity
- Semi Integrated
- Website
- https://www.naturgy.com/