- Reliance on unreliable resources (renewable resources becoming less available or more expensive)
- Regulatory risks (taxation, policies)
- Social and governance issues (political instability)
- High costs associated with the transition to the green economy
S.N.G.N. Romgaz S.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, S.N.G.N. Romgaz S.A. disclosed greenhouse gas emissions of 908.0K tCO2e/year (Scope 1). By scope: Scope 1: 908.0K tCO2e/year; Scope 2: 12.8K tCO2e/year; Scope 3: 9.8M tCO2e/year. 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
908.0K tCO2e/year (Scope 1)
2023
Renewable Energy
0.02% of the 2023 Annual Sectoral Procurement Plan
of total energy
Water Usage
117.4M m3/year
2023
Waste
3.5K tons/year
2023
Energy Use
9.4M GJ/year
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). | 908.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 12.8K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 9.8M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced total GHG scope 1 emissions by 11.04% compared to 2022.
- Reduced CO2 emissions by 12.20% compared to 2022.
- 97% reserve replacement rate, meaning almost all natural gas production in 2023 was replaced by new reserves.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce carbon intensity of operations by 10% by 2030 (compared to 2020)
- No new projects with flaring and removal of venting into the atmosphere by 2030
- Reduction of technological natural gas consumption by 10% compared to 2020 by 2030
🔭 Long-term
- Net zero emissions by 2050
🌱 ESG Focus Areas
Climate ChangeSocial ResponsibilityCorporate GovernanceEnvironmental Protection