Galp Energia, S.A.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2018, 2015, 2013, 2011, 2010

In its 2023 reporting, Galp Energia, S.A. disclosed greenhouse gas emissions of 45.5 mtonCO2e (Scope 1+2+3). By scope: Scope 1: 3.0 mtonCO2e; Scope 2: 0.010 mtonCO2e; Scope 3: 42.1 mtonCO2e. 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
45.5 mtonCO2e (Scope 1+2+3)
2023
💧
Water Usage
9.1M m3
2023
♻️
Waste
29.2K tons
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).3.0 mtonCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.0.010 mtonCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).42.1 mtonCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202345.5 mtonCO2e (Scope 1+2+3)
201540.2M tCO2e
20134.7M tCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce absolute operating emissions by 40% by 2030 (2017 baseline).

🔭 Long-term

  • Net zero emissions by 2050.

🌱 ESG Focus Areas

DecarbonizationBiodiversityWater StewardshipCircular EconomyPeopleCommunitiesHuman RightsSafetyEthical Business PracticesCybersecuritySupply Chain Sustainability

⚠️ Challenges & Risks +

  • Addressing climate-related risks and opportunities, including physical (extreme wind and rain events) and transition risks.
  • Managing indirect value chain emissions (scope 3), which are complex to manage.
  • Managing water risks, particularly in Iberia, where physical water quantity risk is prevalent.
  • Increasing waste production due to refinery turnarounds and site dismantlement.
  • Addressing safety incidents, including a fatality in Guinea-Bissau.

📋 Report Information

Reporting Period: 2023
Frameworks: TCFD, EU Taxonomy, TNFD, UN Global Compact, OECD Guidelines for Multinational Enterprises, GRI, CSRD
Assurance: Third-party verification of carbon footprint