Enagas
Carbon footprint
Primary Climate Goal
Enagas aims to achieve carbon neutrality for Scope 1 + 2 by 2040
GHG emissions and Carbon intensity
Enagas reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 264 Kt (+54/+26% y-o-y). Carbon intensity also grew to 224 t (+59/+35% y-o-y).
Enagas's Scope 3 emissions took off to 825 Kt (
The company is committed to achieving carbon neutrality for Scope 1 + 2 by 2040, which translates into the estimated reduction of -14 Kt per annum over the period of FY2022 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
Enagas aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2040. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.