- Commodity price volatility (gas and electricity)
- Exchange rate risk
- Regulatory risk
- Volume risk (gas and electricity)
- Margin/price risk
- Legal risk
- Operational risks (network breakdowns, accidents, etc.)
- Cybersecurity risk
- Data protection risk
- Environmental risks (pollution, etc.)
Naturgy Energy Group, S.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Naturgy Energy Group, S.A. disclosed greenhouse gas emissions of 112.9 MtCO2 eq. By scope: Scope 1: 12.5 million tCO2eq; Scope 2: 0.4 million tCO2eq; Scope 3: 101.7 million tCO2eq. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
112.9 MtCO2 eq
2023
Renewable Energy
41.0% (installed capacity), 38.6% (net production)
of total energy
Water Usage
777 hm3 (abstracted), 17 hm3 (consumed), 760 hm3 (discharged)
2023
Waste
Increased by 22% in 2023
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 12.5 million tCO2eq |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 0.4 million tCO2eq |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 101.7 million tCO2eq |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 112.9 MtCO2 eq |
| 2018 | 18.3 MtCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced total carbon footprint (scopes 1, 2, and 3) by 8% compared to 2022
- Reduced Scope 1 emissions (direct emissions) by 15% compared to the previous year
- Reduced fuel consumption by 17% due to reduced operation of combined cycle power plants
- Reduced water abstraction and discharge by 16% each globally, and by 21% in water-stressed areas
- Increased recycled or recovered waste to 95%, a 4% increase over the previous year
- Reached a production or grid injection capacity of 0.30 TWh for biomethane
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce total CO2 emissions by 27% (2025 vs 2017)
- Protect biodiversity, reaching more than 350 projects to preserve ecosystems
- Produce or inject at least 0.52 TWh of renewable gas into gas networks by 2025
- Increase renewable generation capacity to 48.2% by 2025
📅 Medium-term
- Achieve gender parity by 2030 (40% women in management positions)
- Extend ESG throughout the supply chain up to 95%
🔭 Long-term
- Achieve net-zero emissions by 2050
🌱 ESG Focus Areas
Climate ChangeBiodiversityCircular EconomyDiversity & InclusionGovernance