Targa Resources
Targa Resources is a publicly listed semi integrated oil and gas company headquartered in the USA. In 2020, it had USD 8.26 billion in revenue and a reported 2,500 employees*. Targa is mainly engaged in gathering, processing and distributing natural gas. It shows no long-term commitments for a low-carbon transition and is actively pursuing opportunities to process natural gas from shale resources.
- Ranking position
- #61 /100
- Total score
- 3.6 /100
- Performance score
- 1.5 /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.
Risks and opportunities
Trend
Targa Resources receives a trend score of -. If Targa were reassessed in the near future, its score would likely decrease. The company shows no indication that it plans to reduce the gap between its current emissions performance, which has remained stable due to no changes in its gas processing fuel mix, and its 1.5°C pathway. Its strategy is to grow the its hydrocarbon activities through construction of facilities and acquisitions from third parties. Targa does not have plans for any significant low-carbon business activities.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Houston, Texas, United States of America
- Group revenue
- USD 8.26 billion
- Ownership structure
- Publicly listed
- Number of employees
- 2,500
- Scope of activity
- Semi Integrated