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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
Performance module name Performance module score Rank (0-100)

Targets

0.0 /100 #38

Material Investment

0.7 /100 #80

Intangible Investment

0.0 /100 #20

Sold products

0.0 /100 #55

Management

36.6 /100 #39

Supplier Engagement

15.0 /100 #28

Client Engagement

0.0 /100 #53

Policy Engagement

30.0 /100 #27

Business Model

0.0 /100 #52

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

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